Housing in Promise City, IA

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

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$202,883

Promise City vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

3rd%ilemost expensive$52,800show rank

Census Housing Data

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

Median Home Value

$52,800

Median Rent

N/A

Total Housing Units

Vacancy Rate

18.9%

Owner Occupied

86.0%

Renter Occupied

13.9%

Median Property Tax

N/A

per year

Monthly Cost (w/ Mortgage)

$377

Housing Types

Single Family

96.2%

Multi-Family

0.0%

Mobile Home

3.8%

The median home value in Promise City, IA is $52,800. According to Zillow, the home value index for Promise City is $202,883. About 86.0% of housing units are owner-occupied. The median year homes were built is 1949. There are 53 total housing units.