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Featured local agent — Dike, IA
Sarah Mitchell
Compass Real Estate · Dike, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Dike, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$217,500median sale price
How is the Dike, IA housing market right now?
The median home sale price in Dike, IA is $217,500, down 33.4% year-over-year. Homes sell in an average of 20 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Dike a buyer's or seller's market?
Dike, IA is currently a seller's market, based on 1.0 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
20
Fast-moving
Active listings
2
1.0 months supply
Sale-to-list
97.2%
Below asking
What does the Dike housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $217,500 |
| Median list price | $339,900 |
| Year-over-year price change | -33.4% |
| Average days on market | 20 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 97.2% |
| Median price per sq ft | $113/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Dike by property type?
How the Dike, 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 | $217,500 | $113/sq ft | 2 | 20 days |
| Condo / Co-op | $325,000 | $118/sq ft | 1 | 60 days |
| Townhouse | $408,000 | $248/sq ft | 1 | 108 days |
Source: Redfin · Updated monthly
The Dike housing market is currently classified as a seller's market with a median sale price of $217,500. Prices have fallen 33.4% compared to last year, with homes spending an average of 20 days on market, indicating 1.0 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 3.5x provides context for how home values compare to local earning capacity.
Homes for sale in Dike
There are currently 2 homes listed for sale in Dike, Iowa. The median listing price is $340K.
Active listings
2
Homes on market
Median list price
$340K
Avg. days on market
20
Days until sale
New this week
1
Newly listed
Who lives in Dike?
Population
1,258
Median income
$88,523/yr
Median age
39.3 years
Owner-occupied
87.9%
College grads
42.0%
Avg commute
19.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Dike?
Zillow home value
$306,302
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Dike?
Dike is a community of approximately 1K residents with a median age of 39.3 years.The median household income is $88,523, which reflects a relatively affluent area with strong earning potential. 42.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 87.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Dike offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Dike?
2 schools tracked · 583 students
The largest public schools serving Dike, 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.
Dike Elementary School
Grades PK-4 · 302 students
Dike-New Hartford High School
Grades 9-12 · 281 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 Dike, IA?
Want a head-to-head view? Compare Dike side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Dike?
The median home sale price in Dike is $217,500, down 33.4% from last year.
How long do homes stay on market in Dike?
Homes typically spend 20 days on market before going under contract.
What is the median income in Dike?
The median household income is $88,523 per year.
Is Dike a buyer's or seller's market?
With 1.0 months of supply, Dike is currently a seller's market.
What is the Zillow home value estimate for Dike?
The Zillow Home Value Index (ZHVI) for Dike is $306,302, representing the typical home value in the area.
What is the median condo price in Dike?
The median condo/co-op sale price in Dike, IA is $325,000, compared to $217,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Dike?
The median single-family home price in Dike, IA is $217,500 (about $113 per square foot).
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