Warren County, Iowa Housing Market

In Warren County, Iowa, the median home value is $269,600, with a median monthly rent of $973. This places Warren County at #781 nationally out of 3134 counties by median home value, and #4 within Iowa.

Median Home Value $269,600
Median Rent $973/mo
Owner Occupancy 82.3%
Price/Rent Ratio 23.1

📈 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 Warren County rose +1.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

10,826
jobs (private sector)
  • Avg weekly wage: $1,027
  • Establishments: 1,346
  • BLS QCEW, 2025
🏗️

Housing Supply

465
new units authorized (2025)
  • Single-family: 355
  • Multi-family: 110
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1136
net migration (filers, 2021-2022)
  • Inflow: 22,007 (avg $97,889)
  • Outflow: 20,871 (avg $97,243)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 50125 211.8 +3.71% 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 Warren County Compares

MetricWarren CountyIowa AverageU.S. Average
Median Home Value $269,600 $171,037 $227,706
Median Gross Rent $973 $832 $968
Owner Occupancy Rate 82.3% 75.8% 73.3%
Price/Rent Ratio 23.1 17.0 18.7

Market Analysis

The median home value in Warren County is 57.6% above the Iowa state average and 18.4% above the U.S. national average. The median rent of $973/month is 16.9% above the state average.

With a price-to-rent ratio of 23.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Warren County has an owner-occupancy rate of 82.3%, 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

CountyStateMedian Home ValueMedian Rent
DeSoto County Mississippi $269,600 $1,451
Westmoreland County Virginia $269,600 $1,018
Gila County Arizona $269,400 $1,030
Brown County Indiana $269,100 $895
Erath County Texas $269,100 $1,146

Other Counties in Iowa

CountyMedian Home ValueMedian RentOwner Occ.
Dickinson County $270,700 $922 77.5%
Polk County $262,100 $1,149 67.4%
Winneshiek County $259,200 $861 74.2%
Story County $258,700 $1,018 55.5%
Sioux County $250,100 $908 76.1%

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).