Hamilton County, Iowa Housing Market

In Hamilton County, Iowa, the median home value is $156,400, with a median monthly rent of $877. This places Hamilton County at #2106 nationally out of 3134 counties by median home value, and #55 within Iowa.

Median Home Value $156,400
Median Rent $877/mo
Owner Occupancy 73.4%
Price/Rent Ratio 14.9

📈 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 Hamilton County rose +11.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,450
jobs (private sector)
  • Avg weekly wage: $1,058
  • Establishments: 435
  • BLS QCEW, 2025
🏗️

Housing Supply

12
new units authorized (2025)
  • Single-family: 7
  • Multi-family: 5
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+286
net migration (filers, 2021-2022)
  • Inflow: 6,051 (avg $86,472)
  • Outflow: 5,765 (avg $88,075)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 50595 175.9 +13.32% 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 Hamilton County Compares

MetricHamilton CountyIowa AverageU.S. Average
Median Home Value $156,400 $171,037 $227,706
Median Gross Rent $877 $832 $968
Owner Occupancy Rate 73.4% 75.8% 73.3%
Price/Rent Ratio 14.9 17.0 18.7

Market Analysis

The median home value in Hamilton County is 8.6% below the Iowa state average and 31.3% below the U.S. national average. The median rent of $877/month is 5.4% above the state average.

With a price-to-rent ratio of 14.9, buying a home in Hamilton 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.

Hamilton County has an owner-occupancy rate of 73.4%, 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
Williamson County Illinois $156,400 $930
Pulaski County Indiana $156,400 $772
Warren County Mississippi $156,400 $888
Chaves County New Mexico $156,400 $867
Bennett County South Dakota $156,400 $617

Other Counties in Iowa

CountyMedian Home ValueMedian RentOwner Occ.
Monroe County $156,300 $798 81.3%
Ringgold County $156,200 $710 78.5%
Humboldt County $155,800 $744 77.2%
Greene County $155,400 $781 76.4%
Mahaska County $157,800 $793 68.0%

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).