Allamakee County, Iowa Housing Market
In Allamakee County, Iowa, the median home value is $172,300, with a median monthly rent of $796. This places Allamakee County at #1756 nationally out of 3134 counties by median home value, and #41 within Iowa.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $913
- Establishments: 431
- BLS QCEW, 2025
Housing Supply
- Single-family: 50
- Multi-family: 48
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,850 (avg $62,658)
- Outflow: 5,607 (avg $62,899)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Allamakee County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 52101 | 256.3 | +3.78% | 2025 |
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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Allamakee County Compares
| Metric | Allamakee County | Iowa Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $172,300 | $171,037 | $227,706 |
| Median Gross Rent | $796 | $832 | $968 |
| Owner Occupancy Rate | 79.6% | 75.8% | 73.3% |
| Price/Rent Ratio | 18.0 | 17.0 | 18.7 |
Market Analysis
The median home value in Allamakee County is 0.7% above the Iowa state average and 24.3% below the U.S. national average. The median rent of $796/month is 4.3% below the state average.
With a price-to-rent ratio of 18.0, the buy-vs-rent decision in Allamakee County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Allamakee County has an owner-occupancy rate of 79.6%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Lawrence County | Alabama | $172,300 | $753 |
| Wyandotte County | Kansas | $172,300 | $1,122 |
| Owen County | Indiana | $172,400 | $911 |
| Washington County | Indiana | $172,200 | $780 |
| Montgomery County | Kentucky | $172,200 | $830 |
Other Counties in Iowa
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| O'Brien County | $173,100 | $868 | 76.1% |
| Jackson County | $175,000 | $807 | 80.7% |
| Mitchell County | $175,100 | $738 | 80.0% |
| Carroll County | $176,000 | $731 | 77.1% |
| Harrison County | $176,000 | $849 | 77.1% |
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).