Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$160,962+2.3% YoY · prices are rising
Market right nowBalanced marketFewer homes for sale than last year, 27% have cut their price
Income needed to buy, per year$34,893About 0.5× the local median income ($68,168): affordable for a typical household
Days on market45 daysFaster than a year ago: sellers have the edge
The typical home in Monona County, IA is worth $160,962, up 2.3% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $151,018, so the area is 6.6% overvalued. It is a balanced market: homes take about 45 days to sell, listings are down 11% from a year ago, 27% of listings have had a price cut. A household needs about $34,893 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 $68,168. In the latest IRS figures, 1 more people moved in than out.
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
$160,962
Change in 1 year
+2.3%
Overvalued %
+6.6%
Show 6 more
Fair home value
$151,018
Change in 5 years
+21.4%
Home value to income
2.4×
Monthly mortgage payment (20% down)
$872
Income needed to afford it
$34,893
Property tax rate
1.03%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$927
Market activity
Listings vs a year ago
−11.4%
Days on market
45
Listings with a price cut
26.7%
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Homes for sale
39
Pending sales per 100 listings
31
Asking price per sq ft
$136
People and jobs
Median household income
$68,168
Population change (1 year)
+0.6%
Unemployment rate
1.6%
Show 4 more
Population
8,539
Income adjusted for cost of living
$81,056
Net moves in (IRS)
+1
Cost of living (US = 100)
84.1
Schools, risk and environment
School rating (1 to 10)
6.0
FEMA hazard risk score (0 to 100)
25.1
Flood risk score
25.0
Show 3 more
Wildfire risk score
63.5
Walkability (1 to 20)
5.6
Road, rail and air noise
52 dB
Questions people ask
Is Monona County, IA overvalued?
Home prices in Monona County, IA are slightly above what local incomes have historically supported: fair value is about $151,018, so the area is 6.6% overvalued.
Is Monona County, IA a buyer's or seller's market?
Monona County, IA is a balanced market: homes take about 45 days to sell, listings are down 11% from a year ago, 27% of listings have had a price cut.
Are home prices going down in Monona County, IA?
Home values in Monona County, IA are up 2.3% over the last year.
How much do you need to earn to buy a home in Monona County, IA?
A household needs about $34,893 a year to afford the typical home in Monona County, IA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,168.