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Allamakee County, IA housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$262,926+7.6% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$56,997About 0.8× the local median income ($71,728): affordable for a typical household
Days on market81 daysSlower than a year ago: buyers have time to negotiate

The typical home in Allamakee County, IA is worth $262,926, up 7.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $232,082, so the area is 13.3% overvalued. It is a balanced market, leaning toward sellers: homes take about 81 days to sell, listings are up 21% from a year ago, 17% of listings have had a price cut. A household needs about $56,997 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,728. In the latest IRS figures, 19 more people moved out than in.

Home value over time

$0K$50K$100K$150K$200K$250K200020052010201520202025
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$262,926
Change in 1 year+7.6%
Overvalued %+13.3%
Show 6 more
Fair home value$232,082
Change in 5 years+39.9%
Home value to income3.7×
Monthly mortgage payment (20% down)$1,425
Income needed to afford it$56,997
Property tax rate1.27%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$927

Market activity

Listings vs a year ago+20.6%
Days on market81
Listings with a price cut16.9%
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Homes for sale41
Pending sales per 100 listings41
Asking price per sq ft$167

People and jobs

Median household income$71,728
Population change (1 year)+0.2%
Unemployment rate2.5%
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Population14,238
Income adjusted for cost of living$85,289
Net moves in (IRS)−19
Cost of living (US = 100)84.1

Schools, risk and environment

School rating (1 to 10)5.3
FEMA hazard risk score (0 to 100)38.2
Flood risk score50.5
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Wildfire risk score16.7
Walkability (1 to 20)5.7
Road, rail and air noise52 dB

Questions people ask

Is Allamakee County, IA overvalued?
Home prices in Allamakee County, IA are well above what local incomes have historically supported: fair value is about $232,082, so the area is 13.3% overvalued.
Is Allamakee County, IA a buyer's or seller's market?
Allamakee County, IA is a balanced market, leaning toward sellers: homes take about 81 days to sell, listings are up 21% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Allamakee County, IA?
Home values in Allamakee County, IA are up 7.6% over the last year.
How much do you need to earn to buy a home in Allamakee County, IA?
A household needs about $56,997 a year to afford the typical home in Allamakee County, IA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,728.

Nearby and similar counties

ZIP codes in Allamakee County (open on the map)

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