Cerro Gordo County, Iowa Housing Market
In Cerro Gordo County, Iowa, the median home value is $166,400, with a median monthly rent of $850. This places Cerro Gordo County at #1873 nationally out of 3134 counties by median home value, and #43 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: $1,097
- Establishments: 1,601
- BLS QCEW, 2025
Housing Supply
- Single-family: 40
- Multi-family: 76
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 17,977 (avg $84,972)
- Outflow: 17,031 (avg $85,020)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Cerro Gordo County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 50428 | 291.8 | -2.03% | 2025 |
| 2 | 50458 | 206.1 | -8.95% | 2025 |
| 3 | 50401 | 195.1 | +1.80% | 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.
🔗 Explore Cerro Gordo County on Our Sister Sites
Get the complete picture for Cerro Gordo County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Cerro Gordo County Compares
| Metric | Cerro Gordo County | Iowa Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $166,400 | $171,037 | $227,706 |
| Median Gross Rent | $850 | $832 | $968 |
| Owner Occupancy Rate | 70.4% | 75.8% | 73.3% |
| Price/Rent Ratio | 16.3 | 17.0 | 18.7 |
Market Analysis
The median home value in Cerro Gordo County is 2.7% below the Iowa state average and 26.9% below the U.S. national average. The median rent of $850/month is 2.2% above the state average.
With a price-to-rent ratio of 16.3, the buy-vs-rent decision in Cerro Gordo County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Cerro Gordo County has an owner-occupancy rate of 70.4%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Dyer County | Tennessee | $166,400 | $782 |
| Pettis County | Missouri | $166,300 | $885 |
| Buchanan County | Missouri | $166,300 | $902 |
| Caldwell County | Missouri | $166,500 | $640 |
| Lincoln County | Oklahoma | $166,500 | $794 |
Other Counties in Iowa
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Butler County | $165,400 | $812 | 84.1% |
| Henry County | $164,300 | $820 | 74.1% |
| Clayton County | $168,500 | $790 | 78.0% |
| Shelby County | $164,000 | $783 | 77.8% |
| Jefferson County | $163,400 | $883 | 67.7% |
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).