Surrounded by beautiful landscaping and a charming neighborhood, this Foster Drive home features of 4,650 square-feet and a heated-brick driveway. $2,500,000 Ideal for the outdoor enthusiast, this $995,000, 8,000-square-foot home sits on over 10 acres of land and lends access to a plethora of trails, scenic views and horse stables. November 11, 2021 Dining with a to-die-for view, getting your feet wet in a private lake, and enjoying a game of pool are just some of the things that you could do at this Milford house. The median income in Johnston comes in at $93,363 and the median home value is $289,600 for 2023. The most expensive house in Iowa, located in Des Moines, has hit the market with an $8.9 million price point, per the Realtor listing. Boone, Iowa, was built in the 19th century on the back of mining and trains. $2,800,000 The median home value in town is the fourth most affordable in the state, with a figure of $77,400. restrictions, which you can review below. Parking capacity House sold in Sold for #30. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You can enjoy its calming waves or navigate it on a boat. 5311 Lake Shore Drive, Okoboji 1.7 7. Over the years, he has developed a keen interest in a wide variety of DIY projects around the home. House built in Stacker collected information on the highest-paying jobs in Waterloo-Cedar Falls, IA, using data from the U.S. Bureau of Labor Statistics. To that end, most Stacker stories are freely available to ", "acceptedAnswer": { "@type": "Answer", "text": " The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. If youre a fan of open spaces, large windows, and picturesque sunsets, youd find this $3.2 million house to be a beneficial investment. All rights reserved. The fireplace, cozy furniture, and bold design only add to the value of this all-natural house. House built in Share your favorites in the comments below! Iowa: $3.5 million. The place with the highest cost of living in Iowa according to the data is Iowa City. The housing market grew robust and pricey in the last decade following the 2008 recession, but the market could be slowed by rising interest rates. 2015-2023 Chasing Chains, LLC. Iowa, IA Luxury Homes For Sale 128 Luxury Homes & Mansions Available Sort by Price (high to low) Tile 53 16216 and 1615 IA-86, Spirit Lake, IA 51360 8 Beds 15 Baths 24,876 Sqft 1.26 ac Lot Size Residential $11,900,000 USD View Details 2 1003 Warren Avenue, Cumming, IA 50061 4 Beds 2 Baths 1,752 Sqft 39.32 ac Lot Size Residential $4,500,000 USD Information is deemed reliable but not guaranteed. The average home value in Iowa is $153,900, almost 2.1 times higher than Centerville. The average home value in Centerville is $73,000, the lowest in the state. 2 attached garage spaces Population: 5,990Rank Last Year: 6 (Up 2)Home Price To Income Ratio: 1.9x (13th most affordable)Income To Rent Ratio: 84.6x (80th cheapest)More On Maquoketa: Real Estate|Crime Rate|Cost Of Living. Jobs are ranked by average annual salary with information . Sold for 1978 If youre looking at the cost of living numbers in Iowa, this is an accurate list of the most affordable places to live in Iowa for 2022. Luxury Home for Sale in Polk County: Currently at framing stage and plenty of time to customize. What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city. Dubuque, IA: 3#4. Built in 2000, it looks brand-new and successfully combines retro elements with modern-day treats like wall-tall windows and a soaring ceiling. But despite the name, mobile homes can be surprisingly tricky to transport. Its also the cheapest option on the list (sold for just $1.8 million). Childcare costs $11,870 a year in Decatur County for two children compared to the Iowa average of $15,077. 73.66 acres (4,412 square feet of livable area) Allstate: MoneyGeek score of 82 out of 100. They basically brought it down to the studs and made it completely different from what the builder had originally planned, Kennedy says. So, if you care about home values and cost of living, take a look at the list below to see where your Iowa dollar will go the furthest. The most expensive city on the list has a typical home value of $1,178,983, which is 213% higher than the state average of $194,074. 4 bedrooms, 6 bathrooms. Parking capacity How did we determine the most affordable places to live in Iowa? The house faces the West Okoboji Lake. But before you decide to relocate, you have to do some research into the exact cost of living around the state -- and that's how we're going to help you. So we used that cost of living index in order to rank all of the 80 places in Iowa that have more than 5,000 people. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Information is deemed reliable but not guaranteed. 0.21 acres (5,295 square feet of livable area) Sold for Ask any Iowan, they will say, hands down, that their corner of the world is the best. The average home value in Iowa is $153,900, almost 2.1 times higher than Centerville. 5 bedrooms, 6 bathrooms. December 22, 2021 ", "acceptedAnswer": { "@type": "Answer", "text": " Omaha-Council Bluffs, NE-IA: 1#6. Cedar Rapids, IA - Annual mean salary: $86,440 - #133 highest pay among all metros - Employment: 290 National - Annual mean salary: $103,020 - Employment: 291,880 - Entry level education . And you dont need to scrimp and save to enjoy all this high culture. Located in the central part of the state between Des Moines and Cedar Rapids, Marshalltown ranks as the sixth cheapest place in Iowa. You can download the data here. They spared no expense on it.. We made a list of the most expensive houses sold in Iowa in the last two years. And this $3.1 million residence would be ideal for enjoying the warm weather and four-season lifestyle. Unique Homes Des Moines Delight: Iowa's Most Expensive Home Is Listed for $8.9M By Tiffani Sherman Mar 4, 2022 Iowa's most expensive home sits right in the heart of the capital. $3,200,000 The county in Iowa with the lowest cost of living is Decatur County. The median home price in Clarinda is $93,000 and the median income is $48,309. Lot (size of the land) The median income in Grinnell comes in at $49,045 and the median home value is $151,000 for 2023. Lot (size of the land) Population: 8,319Rank Last Year: 1 (Down 7)Home Price To Income Ratio: 1.8x (10th most affordable)Income To Rent Ratio: 77.2x (74th cheapest)More On Denison: Real Estate|Crime Rate|Cost Of Living. Lot (size of the land) The most expensive city on the list has a typical home value of $1,178,983, which is 213% higher than the state average of $194,074. Continue with Recommended Cookies. 1000 Tulip Tree Lane, West Des Moines 1.2 2. Heres a look at the most expensive cities in Iowa according to the data: Chris Kolmar has been in the real estate business for almost ten years now. With a livable area of 9,000 square feet and a lot size of 5.25 acres, theres more than enough space for having guests over, throwing parties, and enjoying a hassle-free life. Manage Settings Webster City scored an 8/10 on our overall Snackability scale, with an 8/10+ in most categories, so you know its an all-around great place to call home. 6 bedrooms, 8 bathrooms. Waterloo-Cedar Falls, IA: 1. Information is deemed reliable but not guaranteed. The consent submitted will only be used for data processing originating from this website. Situated among dreamy rolling plains and open green spaces, you just might find your ideal home here. Second, theres a detached garage with plenty of room to park your cars, lawn mowers, and even play basketball. Its a magnificent house, with marble floors and 20-foot ceilings. If you have a big, beautiful family, there will be plenty of room here for everyone to get settled in (6 bedrooms and 8 bathrooms). House sold in Stacker distribution partners receive a license to all Stacker stories, Clarinda residents pay the 15th lowest proportion of their income on homes. After we saved up for months and could finally afford it, we landed on this list of the ten most expensive cities in Iowa for 2023. The answer is a hard no. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. An example of data being processed may be a unique identifier stored in a cookie. [emailprotected]. Des Moines-West Des Moines, IA: 14 #2. Sold for As the founder of House Grail, Pete's primary goal is to help consumers make educated decisions about DIY projects at home, in the garage, and in the garden. June 15, 2022 Stacker collected information on the highest-paying jobs in Sioux City, IA-NE-SD, using data from the U.S. Bureau of Labor Statistics. You can then compare these metrics in each of the places in Iowa to figure out which is the most expensive. The roof is also new, along with new gutters, a drainage system, and seven HVAC units. Warm wood cabinets make the kitchen inviting, as does the large stone arch over the double range gas stoves. For just $2.7 million, youd get access to 0.89 acres of land, 3 garage spaces, 6 bedrooms, and 6 bathrooms. republish under a Creative Commons License, and we encourage you to It sits on nearly 10 acres and is the largest private residence in Polk County. What county in Iowa has the lowest cost of living? Thats because its located on 73-acre land (fenced)! republish under a Creative Commons License, and we encourage you to What is the cheapest housing market in Iowa? And this is because we can thank Iowa for anything corn and soybeans. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'homesnacks_com-medrectangle-3','ezslot_3',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');What's the most expensive place to live in Iowa? Its not that big, though: only 3 bedrooms, 3 bathrooms, and 2 garages, perfect for the average family. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. Urbandale Updated Feb 7, 2023 - Typical home value: $326,834 - 1-year price change: +9.2% - 5-year price change: +35.8% - Metro area: Des Moines-West Des Moines, IA Stacker #29. Add mahogany flooring, a flexible heating system, and an advanced kitchen, and youll instantly see the appeal of this Clear Lake house! 2 attached garage spaces House Grail is reader-supported. Cheapest for $250,000: Farmers. Housing costs, defined as a blend of the average rent and average mortgage payment, are $8,580 per year in Decatur County compared to $9,843 on average in Iowa. According to MIT, the required living wage for a family of four with two working parents in Iowa is $89,241 vs the national average for a family of four with two working parents of $89,744. Luxury lakeside living doesnt get better than this residence! The average living wage in Decatur County is $84,148 according to MIT data. You can download the data here. The median income in Spencer comes in at $45,313 and the median home value is $139,100 for 2023. The original builder was a big car guy. The home has a lakeshore lot right along the property. Iowa is a reasonably affordable state. The large deck sits right at the lakes edge for having a private party with your loved ones. All rights reserved. Its kind of a little river that is supposed to be [an] oil spill on the walkway out to the showroom garage, Kennedy explains. From lavish gated communities, to ultra-modern styles, to classic brick structures, youll find just about every type of beautiful home in Iowa. Census American Community Survey 2017-2021, Median Home Price / Median Income (lower is better), Median Income / Median Rent (Higher is better). AN ELITE CAFEMEDIA LIFESTYLE PUBLISHER. NEW 8 HRS AGO. 6809 Lake Shore Drive, Okoboji 1.3 3. If it sells . We used science and data to determine which cities in Iowa that will put a big dent in your wallet. The tall walls are white, with a warm wood trimming at the top and bottom. and more. Such a downturn can be good news for potential home-buyers, as you're more likely to be able to wager a deal on an otherwise overpriced house.