Compare: Minnesota vs Iowa
Home Values in Minnesota and Iowa
|Zillow Home Value IndexWhat's this?||$175,500||vs||$127,200|
|Median List Price||$179,900||vs||$129,900|
|Median Sale Price||$202,000||vs||$149,300|
|Total Homes Sold in Nov||7028 homes||vs||2701 homes|
Minnesota tends to be more expensive for home buyers than Iowa. During the last year, Minnesota home values have risen by 9.3%, while Iowa home values have risen by 3.5%. The median sale price in Minnesota is $202,000, but the median listing price was $179,900, a 12.3% increase. Meanwhile in Iowa, the median selling price is $149,300, and the starting price had a median of $129,900, a 14.9% increase. In November, Minnesota home sellers managed to move 7028 houses, while Iowa saw 2701 transactions.
Demographics in Minnesota and Iowa
|Median Household Income||$48,439||vs||$40,427|
|Homes with Kids||30.8%||vs||29.3%|
|Average Household Size||2.5||vs||2.5|
|Average Commute Time (Minutes)||23||vs||20|
At $40,427, the median income in Iowa is $8,012 less than in Minnesota, and $4,085 lower than the national average. Minnesota has a younger median age, at 35, compared to 37 in Iowa, and a longer average commute. The average commute in Iowa is 20 minutes and the average commute in Minnesota is 23 minutes.
Homes for Sale in Minnesota and Iowa
Minnesota vs Iowa