Johnson County, Iowa Housing Market

In Johnson County, Iowa, the median home value is $308,600, with a median monthly rent of $1,122. This places Johnson County at #580 nationally out of 3134 counties by median home value, and #2 within Iowa.

Median Home Value $308,600
Median Rent $1,122/mo
Owner Occupancy 59.4%
Price/Rent Ratio 22.9

📈 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 Johnson County rose +4.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

51,863
jobs (private sector)
  • Avg weekly wage: $1,043
  • Establishments: 4,995
  • BLS QCEW, 2025
🏗️

Housing Supply

1,241
new units authorized (2025)
  • Single-family: 513
  • Multi-family: 728
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+3390
net migration (filers, 2021-2022)
  • Inflow: 60,212 (avg $101,065)
  • Outflow: 56,822 (avg $102,843)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Johnson County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 52755 237.9 — 2025
2 52338 231.9 -0.54% 2025
3 52227 225.4 +8.20% 2025
4 52317 212.5 -2.01% 2025
5 52246 217.6 +6.71% 2025
6 52245 224.0 +6.34% 2025
7 52240 227.2 +5.68% 2025
8 52327 212.7 +11.22% 2025
9 52404 193.5 +1.38% 2025
10 52241 208.7 +4.58% 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 Johnson County Compares

MetricJohnson CountyIowa AverageU.S. Average
Median Home Value $308,600 $171,037 $227,706
Median Gross Rent $1,122 $832 $968
Owner Occupancy Rate 59.4% 75.8% 73.3%
Price/Rent Ratio 22.9 17.0 18.7

Market Analysis

The median home value in Johnson County is 80.4% above the Iowa state average and 35.5% above the U.S. national average. The median rent of $1,122/month is 34.9% above the state average.

With a price-to-rent ratio of 22.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Johnson County has an owner-occupancy rate of 59.4%, 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

CountyStateMedian Home ValueMedian Rent
Northampton County Pennsylvania $308,600 $1,395
Beaverhead County Montana $308,300 $837
McHenry County Illinois $308,100 $1,401
Lumpkin County Georgia $307,900 $1,142
Douglas County Kansas $309,400 $1,099

Other Counties in Iowa

CountyMedian Home ValueMedian RentOwner Occ.
Dickinson County $270,700 $922 77.5%
Warren County $269,600 $973 82.3%
Polk County $262,100 $1,149 67.4%
Dallas County $355,600 $1,311 69.0%
Winneshiek County $259,200 $861 74.2%

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).