Dallas County, Iowa Housing Market

In Dallas County, Iowa, the median home value is $355,600, with a median monthly rent of $1,311. This places Dallas County at #396 nationally out of 3134 counties by median home value, and #1 within Iowa.

Median Home Value $355,600
Median Rent $1,311/mo
Owner Occupancy 69.0%
Price/Rent Ratio 22.6

📈 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 Dallas County rose +1.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

50,982
jobs (private sector)
  • Avg weekly wage: $1,572
  • Establishments: 3,592
  • BLS QCEW, 2025
🏗️

Housing Supply

875
new units authorized (2025)
  • Single-family: 665
  • Multi-family: 210
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+3578
net migration (filers, 2021-2022)
  • Inflow: 44,242 (avg $138,682)
  • Outflow: 40,664 (avg $143,620)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Dallas County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 50063 233.3 -1.43% 2025
2 50072 214.3 -9.37% 2025
3 50261 235.8 +9.19% 2025
4 50109 227.7 -1.52% 2025
5 50069 255.7 -1.61% 2025
6 50111 207.6 -1.30% 2025
7 50266 199.8 +2.12% 2025
8 50323 176.2 +3.58% 2025
9 50325 201.5 +1.78% 2025
10 50263 195.1 -1.02% 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 Dallas County Compares

MetricDallas CountyIowa AverageU.S. Average
Median Home Value $355,600 $171,037 $227,706
Median Gross Rent $1,311 $832 $968
Owner Occupancy Rate 69.0% 75.8% 73.3%
Price/Rent Ratio 22.6 17.0 18.7

Market Analysis

The median home value in Dallas County is 107.9% above the Iowa state average and 56.2% above the U.S. national average. The median rent of $1,311/month is 57.6% above the state average.

With a price-to-rent ratio of 22.6, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Dallas County has an owner-occupancy rate of 69.0%, 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
Maury County Tennessee $355,700 $1,300
Pinellas County Florida $355,100 $1,642
Cabarrus County North Carolina $354,800 $1,414
Llano County Texas $356,500 $998
Isle of Wight County Virginia $356,500 $1,359

Other Counties in Iowa

CountyMedian Home ValueMedian RentOwner Occ.
Johnson County $308,600 $1,122 59.4%
Dickinson County $270,700 $922 77.5%
Warren County $269,600 $973 82.3%
Polk County $262,100 $1,149 67.4%
Winneshiek County $259,200 $861 74.2%

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).