In a constantly evolving real estate landscape, homeowners and would be buyers alike seek to understanding the ups and downs in property values across the United States. As the housing market continues to be a focal point discussions, GOBankingRates has undertaken a comprehensive analysis to reveal the latest insights into the average home prices in every state. Using the Zillow Home Value Index for the August 2023 and August 2022 median home values for each state, gave a perspective on the year-over-year changes both in dollars and percentage.
(Keep in mind that home valuations from Zillow are not a replacement for official appraisals performed by licensed professionals.)
Iowas Stats According to the Study by Go Bank Rates:
- August 2022 Median Home Value: $211,075.88
- August 2023 Median Home Value: $216,698.61
- Year-over-Year Percentage Change: 2.66%
While this research study gives you a general idea of average home prices, if you want to know exactly how much your home is worth in not just in Iowa but in your exact market, it’s best to visit with a licensed real estate expert. These pros understand all the special details about home valuation and can give you a more exact estimate. In the world of real estate, their advice not only helps you see things clearly but also helps you make smart choices about the valuation of your home.