Wright County, Iowa Housing Market
In Wright County, Iowa, the median home value is $119,600, with a median monthly rent of $790. This places Wright County at #2640 nationally out of 3134 counties by median home value, and #90 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: $1,134
- Establishments: 418
- BLS QCEW, 2025
Housing Supply
- Single-family: 9
- Multi-family: 10
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,891 (avg $69,186)
- Outflow: 4,684 (avg $70,626)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Wright County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 50421 | 202.0 | +23.11% | 2025 |
| 2 | 50525 | 264.8 | +20.19% | 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 Wright County Compares
| Metric | Wright County | Iowa Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $119,600 | $171,037 | $227,706 |
| Median Gross Rent | $790 | $832 | $968 |
| Owner Occupancy Rate | 77.0% | 75.8% | 73.3% |
| Price/Rent Ratio | 12.6 | 17.0 | 18.7 |
Market Analysis
The median home value in Wright County is 30.1% below the Iowa state average and 47.5% below the U.S. national average. The median rent of $790/month is 5.0% below the state average.
With a price-to-rent ratio of 12.6, buying a home in Wright 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.
Wright County has an owner-occupancy rate of 77.0%, 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 |
|---|---|---|---|
| Ripley County | Missouri | $119,600 | $654 |
| Baker County | Georgia | $119,500 | $631 |
| Estill County | Kentucky | $119,500 | $711 |
| Red River Parish | Louisiana | $119,700 | $729 |
| LaSalle Parish | Louisiana | $119,500 | $657 |
Other Counties in Iowa
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lucas County | $120,200 | $709 | 78.8% |
| Calhoun County | $118,800 | $723 | 80.5% |
| Keokuk County | $118,700 | $828 | 81.3% |
| Montgomery County | $121,400 | $814 | 69.1% |
| Audubon County | $121,900 | $759 | 76.2% |
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).