Black Hawk County, Iowa Housing Market

In Black Hawk County, Iowa, the median home value is $188,900, with a median monthly rent of $989. This places Black Hawk County at #1533 nationally out of 3134 counties by median home value, and #26 within Iowa.

Median Home Value $188,900
Median Rent $989/mo
Owner Occupancy 66.2%
Price/Rent Ratio 15.9

📈 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 Black Hawk County rose +1.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

61,492
jobs (private sector)
  • Avg weekly wage: $1,153
  • Establishments: 3,838
  • BLS QCEW, 2025
🏗️

Housing Supply

488
new units authorized (2025)
  • Single-family: 165
  • Multi-family: 323
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1941
net migration (filers, 2021-2022)
  • Inflow: 51,866 (avg $78,309)
  • Outflow: 49,925 (avg $79,638)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Black Hawk County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 50670 291.5 +22.10% 2025
2 50669 235.6 +4.87% 2025
3 50648 246.4 +8.50% 2025
4 50707 251.5 +7.87% 2025
5 50643 215.1 +5.39% 2025
6 50703 216.0 +6.06% 2025
7 50702 217.0 +1.29% 2025
8 50613 212.4 +1.42% 2025
9 50701 206.4 +1.52% 2025
10 50675 183.2 — 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.

How Black Hawk County Compares

MetricBlack Hawk CountyIowa AverageU.S. Average
Median Home Value $188,900 $171,037 $227,706
Median Gross Rent $989 $832 $968
Owner Occupancy Rate 66.2% 75.8% 73.3%
Price/Rent Ratio 15.9 17.0 18.7

Market Analysis

The median home value in Black Hawk County is 10.4% above the Iowa state average and 17.0% below the U.S. national average. The median rent of $989/month is 18.9% above the state average.

With a price-to-rent ratio of 15.9, the buy-vs-rent decision in Black Hawk County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Black Hawk County has an owner-occupancy rate of 66.2%, 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
Boone County Arkansas $188,900 $733
Kalkaska County Michigan $188,900 $853
Coos County New Hampshire $188,900 $876
Craig County Virginia $189,000 $713
Petersburg city Virginia $189,000 $1,174

Other Counties in Iowa

CountyMedian Home ValueMedian RentOwner Occ.
Jasper County $186,300 $836 72.3%
Jones County $184,800 $784 80.6%
Iowa County $193,900 $686 76.6%
Woodbury County $183,200 $981 68.2%
Chickasaw County $182,600 $738 80.9%

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).