Adair County, Iowa Housing Market

In Adair County, Iowa, the median home value is $160,400, with a median monthly rent of $799. This places Adair County at #2009 nationally out of 3134 counties by median home value, and #51 within Iowa.

Median Home Value $160,400
Median Rent $799/mo
Owner Occupancy 73.9%
Price/Rent Ratio 16.7

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Adair County fell -8.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,886
jobs (private sector)
  • Avg weekly wage: $1,216
  • Establishments: 301
  • BLS QCEW, 2025
🏗️

Housing Supply

23
new units authorized (2025)
  • Single-family: 21
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+60
net migration (filers, 2021-2022)
  • Inflow: 3,027 (avg $65,616)
  • Outflow: 2,967 (avg $66,027)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Adair County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 50273 222.3 +1.90% 2025
2 50801 233.0 +9.09% 2025
3 50070 288.6 +27.39% 2023

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Adair County Compares

MetricAdair CountyIowa AverageU.S. Average
Median Home Value $160,400 $171,037 $227,706
Median Gross Rent $799 $832 $968
Owner Occupancy Rate 73.9% 75.8% 73.3%
Price/Rent Ratio 16.7 17.0 18.7

Market Analysis

The median home value in Adair County is 6.2% below the Iowa state average and 29.6% below the U.S. national average. The median rent of $799/month is 4.0% below the state average.

With a price-to-rent ratio of 16.7, the buy-vs-rent decision in Adair County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Adair County has an owner-occupancy rate of 73.9%, compared to 75.8% in Iowa and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Hardin County Tennessee $160,400 $775
Putnam County Florida $160,300 $906
Johnson County Illinois $160,500 $781
Edmonson County Kentucky $160,300 $778
Crittenden County Arkansas $160,200 $911

Other Counties in Iowa

CountyMedian Home ValueMedian RentOwner Occ.
Clinton County $160,600 $850 74.5%
Clarke County $161,100 $931 72.3%
Buena Vista County $159,500 $894 73.2%
Davis County $161,900 $868 83.3%
Cherokee County $158,700 $758 75.5%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).