Henry County, Iowa Housing Market

In Henry County, Iowa, the median home value is $164,300, with a median monthly rent of $820. This places Henry County at #1922 nationally out of 3134 counties by median home value, and #45 within Iowa.

Median Home Value $164,300
Median Rent $820/mo
Owner Occupancy 74.1%
Price/Rent Ratio 16.7

📈 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 Henry County fell -2.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

6,540
jobs (private sector)
  • Avg weekly wage: $1,042
  • Establishments: 576
  • BLS QCEW, 2025
🏗️

Housing Supply

32
new units authorized (2025)
  • Single-family: 28
  • Multi-family: 4
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+425
net migration (filers, 2021-2022)
  • Inflow: 7,717 (avg $67,009)
  • Outflow: 7,292 (avg $67,595)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 52641 191.4 -0.96% 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 Henry County Compares

MetricHenry CountyIowa AverageU.S. Average
Median Home Value $164,300 $171,037 $227,706
Median Gross Rent $820 $832 $968
Owner Occupancy Rate 74.1% 75.8% 73.3%
Price/Rent Ratio 16.7 17.0 18.7

Market Analysis

The median home value in Henry County is 3.9% below the Iowa state average and 27.8% below the U.S. national average. The median rent of $820/month is 1.4% below the state average.

With a price-to-rent ratio of 16.7, the buy-vs-rent decision in Henry County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Henry County has an owner-occupancy rate of 74.1%, 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
Delta County Texas $164,300 $945
St. Martin Parish Louisiana $164,200 $870
Lincoln County Minnesota $164,400 $674
Adams County Ohio $164,200 $732
Haakon County South Dakota $164,200 $584

Other Counties in Iowa

CountyMedian Home ValueMedian RentOwner Occ.
Shelby County $164,000 $783 77.8%
Jefferson County $163,400 $883 67.7%
Butler County $165,400 $812 84.1%
Cerro Gordo County $166,400 $850 70.4%
Davis County $161,900 $868 83.3%

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).