Carroll County, Iowa Housing Market
In Carroll County, Iowa, the median home value is $176,000, with a median monthly rent of $731. This places Carroll County at #1684 nationally out of 3134 counties by median home value, and #35 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: $1,026
- Establishments: 876
- BLS QCEW, 2025
Housing Supply
- Single-family: 29
- Multi-family: 7
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 8,721 (avg $84,175)
- Outflow: 8,329 (avg $85,653)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Carroll County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 51443 | 289.3 | — | 2025 |
| 2 | 51401 | 213.8 | +1.70% | 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 Carroll County Compares
| Metric | Carroll County | Iowa Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $176,000 | $171,037 | $227,706 |
| Median Gross Rent | $731 | $832 | $968 |
| Owner Occupancy Rate | 77.1% | 75.8% | 73.3% |
| Price/Rent Ratio | 20.1 | 17.0 | 18.7 |
Market Analysis
The median home value in Carroll County is 2.9% above the Iowa state average and 22.7% below the U.S. national average. The median rent of $731/month is 12.1% below the state average.
With a price-to-rent ratio of 20.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Carroll County has an owner-occupancy rate of 77.1%, 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 |
|---|---|---|---|
| Harrison County | Iowa | $176,000 | $849 |
| Buchanan County | Iowa | $176,000 | $848 |
| White County | Indiana | $175,900 | $901 |
| Hillsdale County | Michigan | $176,100 | $832 |
| Tunica County | Mississippi | $175,900 | $977 |
Other Counties in Iowa
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Harrison County | $176,000 | $849 | 77.1% |
| Buchanan County | $176,000 | $848 | 82.1% |
| Mitchell County | $175,100 | $738 | 80.0% |
| Jackson County | $175,000 | $807 | 80.7% |
| Delaware County | $177,900 | $764 | 79.6% |
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).