Iowa REALTORS® Blog

Iowa’s housing market wrapped up December on steady footing, with healthier inventory levels and sustainable price growth pointing toward a more balanced start to 2026. While late-year activity reflected typical seasonal slowdowns, year-over-year gains in listings and closed sales suggest the market is stabilizing and regaining its rhythm. Together, these trends signal renewed momentum and a stronger outlook for buyers and sellers heading into the new year.

“The end of summer traditionally brings a slight coolness to the housing market, but there are plenty of warm spots remaining,” Les Sulgrove, Iowa REALTORS® statewide housing analyst, said. 

Iowa’s housing market continued its upward trend in May, with more homes hitting the market and steady sales gains pointing to renewed energy heading into summer. Inventory levels rose over 20% year-over-year, and median prices saw a nearly 6% increase. While month-to-month changes were modest, buyer and seller confidence remains strong across the state.

In this quick market update, President Travis Bushaw and analyst Les Sulgrove highlight key trends from April: growing inventory, steady prices, and fast-moving homes. With buyer confidence on the rise and affordability intact, Iowa’s market is staying strong. Watch the video to get the full scoop.

March 2025 saw 3,861 new single-family listings and 2,369 closed sales in Iowa, with median sale prices holding steady at $239K (up 6.2% for single-family homes and 3.5% for condos/townhomes), homes averaging 12 days on the market, and increased inventory.

Each day, REALTORS® across the country - and in Iowa - work to ensure that homeownership is accessible to every American. But April holds a special place in the hearts of all REALTORS®.  Known nationally as Fair Housing Month, REALTORS® spend April reaffirming  their commitment to expanding homeownership opportunities through community activism, education and other avenues.