Housing in Pella, IA

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$321,500

Median List Price

$464,900

Price Per Sq Ft

$231

Days on Market

51

Active Inventory

32

Months of Supply

2.7

Seller's market

Zillow Home Value

$344,516

ZHVI — January 2026

Zillow Rent Index

$1,168

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 9.4%List Price 38.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

46.1%

Sale-to-List Ratio

97.0%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
46.1%
Listings with Price Drops
12.5%

Market Activity

Source: Redfin

Homes Sold

12

New Listings

16

Pending Sales

13

Homes Sold 71.4%New Listings 33.3%Pending 27.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$231

Median List $/SF

$277

Sale $/SF 3.3%List $/SF 7.8%Mar 24Jan 26

Pella vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Pella 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

$259,600

Median Rent

$1,041

Total Housing Units

4,226

Vacancy Rate

5.1%

Owner Occupied

62.6%

Renter Occupied

37.4%

Median Property Tax

$3,432

per year

Monthly Cost (w/ Mortgage)

$1,288

Housing Types

Single Family
68.5%
Multi-Family
29.9%
Mobile Home
1.6%

The current median sale price in Pella, IA is $321,500 according to Redfin data. Homes spend a median of 51 days on the market. 0.0% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $231. Zillow's observed rent index is $1,168/month. About 62.6% of housing units are owner-occupied. The median year homes were built is 1977. There are 4,226 total housing units.