Decatur County, Iowa Housing Market
In Decatur County, Iowa, the median home value is $113,900, with a median monthly rent of $611. This places Decatur County at #2738 nationally out of 3134 counties by median home value, and #96 within Iowa.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $805
- Establishments: 193
- BLS QCEW, 2025
Housing Supply
- Single-family: 1
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,694 (avg $57,635)
- Outflow: 2,480 (avg $58,402)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Decatur County Compares
| Metric | Decatur County | Iowa Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $113,900 | $171,037 | $227,706 |
| Median Gross Rent | $611 | $832 | $968 |
| Owner Occupancy Rate | 69.7% | 75.8% | 73.3% |
| Price/Rent Ratio | 15.5 | 17.0 | 18.7 |
Market Analysis
The median home value in Decatur County is 33.4% below the Iowa state average and 50.0% below the U.S. national average. The median rent of $611/month is 26.6% below the state average.
With a price-to-rent ratio of 15.5, the buy-vs-rent decision in Decatur County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Decatur County has an owner-occupancy rate of 69.7%, 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 |
|---|---|---|---|
| Brown County | Nebraska | $113,900 | $876 |
| Cotton County | Oklahoma | $113,900 | $772 |
| Crenshaw County | Alabama | $114,000 | $661 |
| Lamar County | Alabama | $114,000 | $549 |
| Fulton County | Arkansas | $113,800 | $626 |
Other Counties in Iowa
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Emmet County | $114,100 | $733 | 79.4% |
| Van Buren County | $114,600 | $622 | 81.6% |
| Wayne County | $111,300 | $659 | 80.9% |
| Taylor County | $117,200 | $765 | 77.9% |
| Keokuk County | $118,700 | $828 | 81.3% |
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).