Iowa REALTORS® Blog

Iowa’s housing market showed signs of steady growth and renewed progress in May, with rising inventory levels, stable sales, and continued price gains signaling increased confidence from both buyers and sellers as the summer season kicks off.

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.

Iowa’s housing market is warming up with the spring weather! In April 2025, buyers were greeted with more options as inventory surged—active listings jumped nearly 25% year-over-year. Despite the growing supply, median prices continued to rise and homes still moved quickly, signaling a strong, competitive season ahead. Whether you're buying, selling, or just keeping an eye on the market, April’s trends point to a bustling summer across the state.

The Iowa housing market warmed up much like the spring weather in April. The increases in inventory and active listings, paired with steady sales and median price set the stage for a productive and flourishing summer market to come. 

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.

The Iowa housing market showed clear signs of spring and its transitional increases in activity in March. While economic uncertainty resulted in fluctuations of many markets, the housing market across the state proved that buyers and sellers remain optimistic and ready for their next move. 

February 2025 saw 2,780 new listings and 1,768 sales in Iowa, with median prices at $225K and homes averaging 22 days on the market.

The Iowa housing market mirrored that of the state’s temperatures in February marked by drops in inventory and sales. These seasonable movements, however, pave the way for signs of a typically active spring market just around the corner. 

It's a new year... a new stats program here at Iowa REALTORS®. Listen in as Les Sulgrove, statewide housing analyst, decodes the housing market in Iowa for January 2025.

The Iowa housing market kicked off 2025 with promising gains in key metrics, continuing the momentum seen at the end of last year. Increased new listings, active inventory, and a steady number of closed sales reflect a healthy real estate environment for buyers and sellers across the state.

What a ride it was in 2024. The Iowa Housing Market weathered ups and downs to create a fairly balanced year. Iowa REALTORS® statewide housing analyst Les Sulgrove digs into the year and previews our new stats program.

Iowa REALTORS® has released its December and year-end housing statistics for 2024, highlighting key trends that reflect resilience and growth in Iowa's housing market despite ongoing adjustments.

There's something about housing stats, right? Les Sulgrove, statewide housing analyst from Iowa REALTORS®, takes a deeper dive into monthly housing stats for November. 

The Iowa housing market continued to experience end-of-year gains in metrics tracked by Iowa REALTORS®, bucking the long-held belief that the end of year creates a slumping housing market.

There's something about housing stats, right? Les Sulgrove, statewide housing analyst from Iowa REALTORS®, takes a deeper dive into monthly housing stats for October. 

The Iowa housing market experienced a welcome October surprise, with every metric tracked by Iowa REALTORS® falling into the positive. A late September interest rate drop by the Federal Reserve buoyed buyer and seller sentiments throughout the pinnacle fall month.