Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$116,296−2.6% YoY · prices are falling
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 16% have cut their price
Income needed to buy, per year$25,211About 0.4× the local median income ($57,459): affordable for a typical household
Days on market76 daysFaster than a year ago: sellers have the edge
The typical home in Appanoose County, IA is worth $116,296, down 2.6% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $126,622, so the area is 8.2% undervalued. It is a balanced market, leaning toward buyers: homes take about 76 days to sell, listings are down 20% from a year ago, 16% of listings have had a price cut. A household needs about $25,211 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 $57,459. In the latest IRS figures, 106 more people moved out than in.
Home value over time
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
$116,296
Change in 1 year
−2.6%
Overvalued %
−8.2%
Show 6 more
Fair home value
$126,622
Change in 5 years
−3.9%
Home value to income
2.0×
Monthly mortgage payment (20% down)
$630
Income needed to afford it
$25,211
Property tax rate
1.34%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$927
Market activity
Listings vs a year ago
−19.7%
Days on market
76
Listings with a price cut
16.1%
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Homes for sale
94
Pending sales per 100 listings
19
Asking price per sq ft
$130
People and jobs
Median household income
$57,459
Population change (1 year)
−0.2%
Unemployment rate
3.9%
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Population
12,077
Income adjusted for cost of living
$68,322
Net moves in (IRS)
−106
Cost of living (US = 100)
84.1
Schools, risk and environment
School rating (1 to 10)
3.1
FEMA hazard risk score (0 to 100)
41.2
Flood risk score
30.0
Show 3 more
Wildfire risk score
59.5
Walkability (1 to 20)
6.4
Road, rail and air noise
53 dB
Questions people ask
Is Appanoose County, IA overvalued?
Home prices in Appanoose County, IA are slightly below what local incomes have historically supported: fair value is about $126,622, so the area is 8.2% undervalued.
Is Appanoose County, IA a buyer's or seller's market?
Appanoose County, IA is a balanced market, leaning toward buyers: homes take about 76 days to sell, listings are down 20% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Appanoose County, IA?
Home values in Appanoose County, IA are down 2.6% over the last year.
How much do you need to earn to buy a home in Appanoose County, IA?
A household needs about $25,211 a year to afford the typical home in Appanoose County, IA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $57,459.