Iowa · Housing market

The Iowa housing market, by the numbers.

Median sale price, days on market, and what a traditional sale really costs an Iowa seller — every figure on this page comes from the source cited next to it.

  • Median sale price: $259,000
  • Median days on market: 37
  • Typical selling costs: ~7% of the price
  • Foreclosure timeline: 5 to 10 months
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How a fast as-is sale works in Iowa → Free cash offer estimator →

The headline numbers.

Each figure comes from the source cited under it. Medians describe the middle of the Iowa market, not any specific house.

$259,000 Median sale price Source: Redfin state market tracker, May 2026
37 days Median days on market Source: Redfin state market tracker, May 2026
5.84% Average agent commission Source: Clever Feb 2026 survey (state avg)
0.16% Est. seller transfer tax Source: HomeLight, Jan 2025 ($0.80/$500, seller pays)

Selling the traditional way in Iowa: the math.

The same arithmetic an agent would run at your kitchen table, worked on the Iowa median sale price.

Worked on the $259,000 median sale priceSource: Redfin state market tracker, May 2026
Agent commission5.84% × $259,000 · Source: Clever Feb 2026 survey (state avg) ~$15,126
Seller closing costs1% × $259,000 · Source: Redfin national 1-3% excl. commission, low end (transfer tax shown separately), May 2026 ~$2,590
Transfer taxes0.16% × $259,000 · Source: HomeLight, Jan 2025 ($0.80/$500, seller pays) ~$414
Typical cost of a traditional sale≈ 7% of the median sale price ≈ $18,130

How to read this: on the $259,000 median sale, the traditional route leaves roughly $240,870 before loan payoff, repairs, and the holding costs (effective property tax ~1.57%/yr per the Tax Foundation, plus insurance and utilities) that stack up while you wait about 37 days on market. These are estimates worked on the Iowa median; your actual costs vary by county, property, and buyer.

The Iowa foreclosure clock.

Iowa uses a judicial or non-judicial foreclosure process, and a typical case runs 5 to 10 months — that window is how much real time an owner has to catch up, refinance, or sell.

How long it really takes: Practitioner estimate: 30-day cure notice + ~3-6 months filing-to-judgment, then either the 654.21 delay (up to 6 months) and prompt sale, or sale plus up to 1-year redemption — anywhere from ~6 months (without-redemption track) to ~2 years (standard track) start to finish.

Primary statute: Iowa Code ch. 654. This is general information, not legal advice — confirm the specifics with a local attorney.

Free Iowa Foreclosure Deadline Calculator →

If you need to sell fast.

The numbers above describe the traditional route in Iowa: roughly 7% of the price in selling costs and about 37 days of waiting before a financed buyer even closes. When time is the real problem — a foreclosure date, back taxes, a move that can't wait — some owners trade part of the headline price for speed and certainty by selling as-is to a cash buyer.

Where we fit: Fair Home Cash is a connector, not the buyer. We put Iowa homeowners in touch with independent cash buyers who purchase houses as-is; buyers pay us a flat marketing fee for the connection, and we never take a cut of your sale. Requesting offers is free, and you decide what happens next.

See what the Iowa numbers mean for your house.

Compare the traditional math above with a fast as-is sale — free tools, sourced data, and a timeline you control.

Selling fast in Iowa →