Davis County, Iowa Housing Market

In Davis County, Iowa, the median home value is $161,900, with a median monthly rent of $868. This places Davis County at #1976 nationally out of 3134 counties by median home value, and #48 within Iowa.

Median Home Value $161,900
Median Rent $868/mo
Owner Occupancy 83.3%
Price/Rent Ratio 15.5

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

1,467
jobs (private sector)
  • Avg weekly wage: $978
  • Establishments: 222
  • BLS QCEW, 2025
🏗️

Housing Supply

1
new units authorized (2025)
  • Single-family: 1
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+121
net migration (filers, 2021-2022)
  • Inflow: 3,132 (avg $64,160)
  • Outflow: 3,011 (avg $64,712)
  • IRS Statistics of Income

How Davis County Compares

MetricDavis CountyIowa AverageU.S. Average
Median Home Value $161,900 $171,037 $227,706
Median Gross Rent $868 $832 $968
Owner Occupancy Rate 83.3% 75.8% 73.3%
Price/Rent Ratio 15.5 17.0 18.7

Market Analysis

The median home value in Davis County is 5.3% below the Iowa state average and 28.9% below the U.S. national average. The median rent of $868/month is 4.3% above the state average.

With a price-to-rent ratio of 15.5, the buy-vs-rent decision in Davis County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Davis County has an owner-occupancy rate of 83.3%, 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

CountyStateMedian Home ValueMedian Rent
LaSalle County Illinois $161,900 $928
Chippewa County Michigan $161,900 $797
Mahnomen County Minnesota $161,900 $696
Rowan County Kentucky $161,800 $825
Washington County Maine $161,800 $783

Other Counties in Iowa

CountyMedian Home ValueMedian RentOwner Occ.
Clarke County $161,100 $931 72.3%
Clinton County $160,600 $850 74.5%
Adair County $160,400 $799 73.9%
Jefferson County $163,400 $883 67.7%
Shelby County $164,000 $783 77.8%

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).