Appanoose County, Iowa Housing Market

In Appanoose County, Iowa, the median home value is $124,200, with a median monthly rent of $784. This places Appanoose County at #2557 nationally out of 3134 counties by median home value, and #81 within Iowa.

Median Home Value $124,200
Median Rent $784/mo
Owner Occupancy 68.8%
Price/Rent Ratio 13.2

📈 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 Appanoose County rose +3.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,851
jobs (private sector)
  • Avg weekly wage: $925
  • Establishments: 350
  • BLS QCEW, 2025
🏗️

Housing Supply

11
new units authorized (2025)
  • Single-family: 11
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+312
net migration (filers, 2021-2022)
  • Inflow: 4,850 (avg $57,513)
  • Outflow: 4,538 (avg $57,283)
  • IRS Statistics of Income

How Appanoose County Compares

MetricAppanoose CountyIowa AverageU.S. Average
Median Home Value $124,200 $171,037 $227,706
Median Gross Rent $784 $832 $968
Owner Occupancy Rate 68.8% 75.8% 73.3%
Price/Rent Ratio 13.2 17.0 18.7

Market Analysis

The median home value in Appanoose County is 27.4% below the Iowa state average and 45.5% below the U.S. national average. The median rent of $784/month is 5.8% below the state average.

With a price-to-rent ratio of 13.2, buying a home in Appanoose County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Appanoose County has an owner-occupancy rate of 68.8%, compared to 75.8% in Iowa and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Marion County Kansas $124,200 $727
Screven County Georgia $124,300 $679
Echols County Georgia $124,100 $1,017
Franklin County Iowa $124,100 $696
Tippah County Mississippi $124,100 $790

Other Counties in Iowa

CountyMedian Home ValueMedian RentOwner Occ.
Franklin County $124,100 $696 72.4%
Wapello County $125,100 $920 68.4%
Palo Alto County $123,200 $638 77.1%
Page County $125,300 $705 70.5%
Osceola County $122,600 $797 77.9%

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).