$350,000
303 29th St SW
Altoona, IA
3 bd3 ba1,500 sqft$233/ft²
House
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Compass Real Estate · Altoona, IA
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Altoona, IA(512) 555-0184TX License #0512847
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Altoona, IA Housing Market & Real Estate
Balanced market+4.9% YoY
Housing market overview · Updated monthly ·
$322,950median sale price
How is the Altoona, IA housing market right now?
The median home sale price in Altoona, IA is $322,950, up 4.9% year-over-year. Homes sell in an average of 62 days with 116 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Altoona a buyer's or seller's market?
Balanced market2.7 months of supply62 avg. days on market
Altoona, IA is currently a balanced market, based on 2.7 months of supply and homes selling in about 62 days. How we determine this →
Homes sold
43
Last 12 weeks
Days on market
62
Average pace
Active listings
116
2.7 months supply
Sale-to-list
99.9%
Below asking
What does the Altoona housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $322,950 |
| Median list price | $369,945 |
| Year-over-year price change | +4.9% |
| Average days on market | 62 days |
| Active inventory | 116 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 99.9% |
| Median price per sq ft | $237/sq ft |
| Homes sold (latest month) | 43 |
| New listings (latest month) | 44 |
| Listings with a price cut | 28.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Altoona by property type?
How the Altoona, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $337,450 | $238/sq ft | 37 | 58 days |
| Condo / Co-op | $225,000 | $216/sq ft | 5 | 60 days |
| Townhouse | $199,000 | $312/sq ft | 1 | 179 days |
Source: Redfin · Updated monthly
The Altoona housing market is currently classified as a balanced market with a median sale price of $322,950. Prices have risen 4.9% compared to last year, with homes spending an average of 62 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Altoona
There are currently 116 homes listed for sale in Altoona, Iowa. The median listing price is $370K. Featured listings range from $350,000 to $395,990.
$359,990
4021 2nd Ave SW
Altoona, IA
4 bd3 ba2,053 sqft$175/ft²
House
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$359,990
1018 34th St SE
Altoona, IA
4 bd3 ba2,053 sqft$175/ft²
House
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$364,990
3218 12th Ave SW
Altoona, IA
4 bd3 ba2,053 sqft$178/ft²
House
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$364,990
3513 10th Ave SW
Altoona, IA
5 bd3 ba2,483 sqft$147/ft²
House
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$366,990
1031 33rd St SE
Altoona, IA
4 bd3 ba2,053 sqft$179/ft²
House
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$379,990
206 41st St SW
Altoona, IA
4 bd3 ba2,190 sqft$174/ft²
House
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$379,990
225 40th St SW
Altoona, IA
4 bd3 ba2,511 sqft$151/ft²
House
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$380,990
1025 33rd St SE
Altoona, IA
4 bd3 ba2,190 sqft$174/ft²
House
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$390,000
656 34th St SE
Altoona, IA
3 bd1 ba1,463 sqft$267/ft²
House
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$394,990
101 8th Ave NE
Altoona, IA
4 bd4 ba2,452 sqft$161/ft²
House
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$395,990
1001 33rd St SE
Altoona, IA
5 bd4 ba2,556 sqft$155/ft²
House
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Looking to buy in Altoona?
Get connected with a local real estate expert — free, no obligation.
Active listings
116
Homes on market
Median list price
$370K
Avg. days on market
62
Days until sale
New this week
44
Newly listed
Price drops:28.4%of listings
Sale-to-list:99.9%
Who lives in Altoona?
Population
20,592
Median income
$87,123/yr
Median age
35.5 years
Owner-occupied
68.3%
College grads
32.6%
Avg commute
23.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Altoona?
Zillow home value
$322,616
Zillow rent index
$1,436/mo
Price-to-rent ratio
18.7x
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Altoona?
Altoona is a community of approximately 21K residents with a median age of 35.5 years.The median household income is $87,123, which reflects a relatively affluent area with strong earning potential. 32.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Altoona offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Altoona?
4 schools tracked · 2,048 students
The largest public schools serving Altoona, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Clay Elementary
Grades PK-5 · 670 students
Willowbrook Elementary
Grades PK-5 · 546 students
Altoona Elementary
Grades PK-5 · 423 students
Centennial Elementary
Grades PK-5 · 409 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Altoona, IA?
Want a head-to-head view? Compare Altoona side-by-side with any other U.S. city using our market-comparison tool.
Is Altoona a good real estate investment market?
For investors evaluating Altoona, the price-to-rent ratio of 18.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 4.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Altoona's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Altoona's median home price.
Frequently asked questions
What is the average home price in Altoona?
The median home sale price in Altoona is $322,950, up 4.9% from last year.
How long do homes stay on market in Altoona?
Homes typically spend 62 days on market before going under contract.
What is the median income in Altoona?
The median household income is $87,123 per year.
Is Altoona a buyer's or seller's market?
With 2.7 months of supply, Altoona is currently a balanced market.
How many homes are for sale in Altoona?
There are currently 116 homes listed for sale in Altoona, IA.
What is the Zillow home value estimate for Altoona?
The Zillow Home Value Index (ZHVI) for Altoona is $322,616, representing the typical home value in the area.
What is the median condo price in Altoona?
The median condo/co-op sale price in Altoona, IA is $225,000, compared to $337,450 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Altoona?
The median single-family home price in Altoona, IA is $337,450 (about $238 per square foot).
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