Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$192,451+6.2% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$41,719About 0.6× the local median income ($69,313): affordable for a typical household
Days on market75 daysSlower than a year ago: buyers have time to negotiate
The typical home in Henry County, IA is worth $192,451, up 6.2% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $181,609, so the area is 6.0% overvalued. It is a balanced market, leaning toward buyers: homes take about 75 days to sell, listings are up 24% from a year ago, 18% of listings have had a price cut. A household needs about $41,719 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 $69,313. In the latest IRS figures, 239 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
$192,451
Change in 1 year
+6.2%
Overvalued %
+6.0%
Show 6 more
Fair home value
$181,609
Change in 5 years
+20.4%
Home value to income
2.8×
Monthly mortgage payment (20% down)
$1,043
Income needed to afford it
$41,719
Property tax rate
1.56%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$958
Market activity
Listings vs a year ago
+24.3%
Days on market
75
Listings with a price cut
18.2%
Show 3 more
Homes for sale
92
Pending sales per 100 listings
18
Asking price per sq ft
$131
People and jobs
Median household income
$69,313
Population change (1 year)
−0.1%
Unemployment rate
1.5%
Show 4 more
Population
19,349
Income adjusted for cost of living
$82,417
Net moves in (IRS)
−239
Cost of living (US = 100)
84.1
Schools, risk and environment
School rating (1 to 10)
4.1
FEMA hazard risk score (0 to 100)
30.9
Flood risk score
26.7
Show 3 more
Wildfire risk score
47.9
Walkability (1 to 20)
6.8
Road, rail and air noise
53 dB
Questions people ask
Is Henry County, IA overvalued?
Home prices in Henry County, IA are slightly above what local incomes have historically supported: fair value is about $181,609, so the area is 6.0% overvalued.
Is Henry County, IA a buyer's or seller's market?
Henry County, IA is a balanced market, leaning toward buyers: homes take about 75 days to sell, listings are up 24% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Henry County, IA?
Home values in Henry County, IA are up 6.2% over the last year.
How much do you need to earn to buy a home in Henry County, IA?
A household needs about $41,719 a year to afford the typical home in Henry County, IA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $69,313.