Lee County, Iowa Housing Market
In Lee County, Iowa, the median home value is $141,400, with a median monthly rent of $835. This places Lee County at #2354 nationally out of 3134 counties by median home value, and #73 within Iowa.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,164
- Establishments: 967
- BLS QCEW, 2025
Housing Supply
- Single-family: 20
- Multi-family: 60
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 13,274 (avg $69,385)
- Outflow: 12,734 (avg $70,288)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Lee County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 52627 | 178.9 | +5.80% | 2025 |
| 2 | 52632 | 193.4 | -2.95% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Lee County Compares
| Metric | Lee County | Iowa Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $141,400 | $171,037 | $227,706 |
| Median Gross Rent | $835 | $832 | $968 |
| Owner Occupancy Rate | 76.3% | 75.8% | 73.3% |
| Price/Rent Ratio | 14.1 | 17.0 | 18.7 |
Market Analysis
The median home value in Lee County is 17.3% below the Iowa state average and 37.9% below the U.S. national average. The median rent of $835/month is about equal to the state average.
With a price-to-rent ratio of 14.1, buying a home in Lee 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.
Lee County has an owner-occupancy rate of 76.3%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Hancock County | Iowa | $141,400 | $736 |
| Sac County | Iowa | $141,400 | $722 |
| Galax city | Virginia | $141,300 | $743 |
| Brooke County | West Virginia | $141,500 | $645 |
| Hancock County | Kentucky | $141,200 | $740 |
Other Counties in Iowa
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Hancock County | $141,400 | $736 | 82.5% |
| Sac County | $141,400 | $722 | 78.0% |
| Monona County | $142,900 | $855 | 75.7% |
| Floyd County | $143,500 | $745 | 76.6% |
| Marshall County | $145,500 | $885 | 75.0% |
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).