Housing in Ames, IA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$398,750

Median List Price

$417,500

Price Per Sq Ft

$206

Days on Market

54

Active Inventory

74

Months of Supply

2.6

Seller's market

Zillow Home Value

$264,793

ZHVI — January 2026

Zillow Rent Index

$1,134

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 36.3%List Price 26.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.7%

Off Market in 2 Weeks

38.9%

Sale-to-List Ratio

98.5%

Buyer's market

Sold Above Asking
20.7%
Under Contract in 2 Wks
38.9%
Listings with Price Drops
31.1%

Market Activity

Source: Redfin

Homes Sold

29

New Listings

40

Pending Sales

36

Homes Sold 31.0%New Listings 18.4%Pending 29.4%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$206

Median List $/SF

$224

Sale $/SF 1.5%List $/SF 5.2%Mar 24Jan 26

Ames vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Ames is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$263,800

Median Rent

$1,040

Total Housing Units

27,706

Vacancy Rate

8.2%

Owner Occupied

42.9%

Renter Occupied

57.1%

Median Property Tax

$3,838

per year

Monthly Cost (w/ Mortgage)

$1,230

Housing Types

Single Family
46.6%
Multi-Family
50.6%
Mobile Home
2.7%

The current median sale price in Ames, IA is $398,750 according to Redfin data. Homes spend a median of 54 days on the market. 20.7% of homes sold above asking price. The market has 2.6 months of supply. The median price per square foot is $206. Zillow's observed rent index is $1,134/month. About 42.9% of housing units are owner-occupied. The median year homes were built is 1991. There are 27,706 total housing units.