Housing in Packwood, IA

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

Housing Market Snapshot

Source: Redfin — July 2025

Median Sale Price

$165,000

Median List Price

N/A

Price Per Sq Ft

$116

Days on Market

Active Inventory

N/A

Zillow Home Value

$139,469

ZHVI — January 2026

Price Trends

Source: Redfin

Sale Price ↓ 40.0%Jun 24 → Jul 25

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Sale-to-List Ratio

103.8%

Seller's market

Sold Above Asking

100.0%

Market Activity

Source: Redfin

Homes Sold

Homes Sold ↑ 0.0%Jun 24 → Jul 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$116

Sale $/SF ↓ 2.5%Jun 24 → Jul 25

Packwood vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Packwood is highlighted.

Median Home Value

11th%ilemost expensive$79,100show rank

Median Rent

23rd%ilemost expensive rent$750show rank

Median Price Per Sq Ft

24th%ilemost expensive $/sqft$116show rank

Rent Burden

63rd%ilehighest rent burden20.6%show rank

Census Housing Data

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

Median Home Value

$79,100

Median Rent

$750

Total Housing Units

154

Vacancy Rate

1.9%

Owner Occupied

86.8%

Renter Occupied

13.3%

Median Property Tax

$1,221

per year

Monthly Cost (w/ Mortgage)

$940

Housing Types

Single Family

82.5%

Multi-Family

7.1%

Mobile Home

10.4%

The current median sale price in Packwood, IA is $165,000 according to Redfin data. Homes spend a median of 51 days on the market. 100.0% of homes sold above asking price. The median price per square foot is $116. The median rent is $750 per month (Census ACS). About 86.8% of housing units are owner-occupied. The median year homes were built is 1963. There are 154 total housing units.