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Home prices, sales rise in Iowa in 2015

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February 22nd, 2016 by Ric Hanson

Home prices and sales increased 7.7-percent in Iowa last year. Numbers released by the Iowa Association of Realtors show 44,621 homes were sold in the state in 2015. That was up from 43,772 homes sold the previous year. Meanwhile, the median sale price for a home sold in Iowa last year was $140,000. That compares to $130,000 in 2014. IAR president Ken Clark reports it’s the fourth consecutive year of increases in home prices in the state.

The IAR also reports homes sold faster in 2015 than any year in the past decade.

(Radio Iowa)