Fayette County, Iowa Housing Market

In Fayette County, Iowa, the median home value is $136,800, with a median monthly rent of $881. This places Fayette County at #2406 nationally out of 3134 counties by median home value, and #75 within Iowa.

Median Home Value $136,800
Median Rent $881/mo
Owner Occupancy 76.5%
Price/Rent Ratio 12.9

📈 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 Fayette County rose +12.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

5,748
jobs (private sector)
  • Avg weekly wage: $981
  • Establishments: 624
  • BLS QCEW, 2025
🏗️

Housing Supply

30
new units authorized (2025)
  • Single-family: 19
  • Multi-family: 11
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+325
net migration (filers, 2021-2022)
  • Inflow: 7,703 (avg $66,281)
  • Outflow: 7,378 (avg $66,881)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Fayette County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 52175 179.8 -2.52% 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 Fayette County Compares

MetricFayette CountyIowa AverageU.S. Average
Median Home Value $136,800 $171,037 $227,706
Median Gross Rent $881 $832 $968
Owner Occupancy Rate 76.5% 75.8% 73.3%
Price/Rent Ratio 12.9 17.0 18.7

Market Analysis

The median home value in Fayette County is 20.0% below the Iowa state average and 39.9% below the U.S. national average. The median rent of $881/month is 5.9% above the state average.

With a price-to-rent ratio of 12.9, buying a home in Fayette County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Fayette County has an owner-occupancy rate of 76.5%, 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
Sherman County Kansas $136,700 $913
Grant County Nebraska $136,700 $867
Crawford County Ohio $136,700 $794
Glades County Florida $137,000 $886
Toombs County Georgia $137,000 $768

Other Counties in Iowa

CountyMedian Home ValueMedian RentOwner Occ.
Des Moines County $136,500 $904 74.6%
Winnebago County $135,000 $717 70.6%
Hancock County $141,400 $736 82.5%
Lee County $141,400 $835 76.3%
Sac County $141,400 $722 78.0%

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).