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Featured local agent — Farley, IA
Sarah Mitchell
Compass Real Estate · Farley, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Farley, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$190,000median sale price
How is the Farley, IA housing market right now?
The median home sale price in Farley, IA is $190,000, down 38.6% year-over-year. Homes sell in an average of 35 days. The market is currently a leaning buyer's. (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 Farley a buyer's or seller's market?
Farley, IA is currently a leaning buyer's and homes selling in about 35 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
35
Average pace
Active listings
—
Sale-to-list
94.2%
Below asking
What does the Farley housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $190,000 |
| Year-over-year price change | -38.6% |
| Average days on market | 35 days |
| Sale-to-list price ratio | 94.2% |
| Median price per sq ft | $110/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Farley by property type?
How the Farley, 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 | $190,000 | $110/sq ft | 2 | 35 days |
Source: Redfin · Updated monthly
The Farley housing market is currently classified as a leaning buyer's with a median sale price of $190,000. Prices have fallen 38.6% compared to last year, with homes spending an average of 35 days on market.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 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Farley
Explore homes currently listed for sale in Farley, Iowa across major real estate platforms.
Who lives in Farley?
Population
1,809
Median income
$96,563/yr
Median age
35.4 years
Owner-occupied
77.0%
College grads
22.3%
Avg commute
21.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Farley?
Zillow home value
$320,181
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Farley?
Farley is a community of approximately 2K residents with a median age of 35.4 years.The median household income is $96,563, which reflects a relatively affluent area with strong earning potential. 22.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Farley offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Farley?
2 schools tracked · 931 students
The largest public schools serving Farley, 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.
Drexler Middle School
Grades 6-8 · 658 students
Farley Elementary School
Grades PK-5 · 273 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 Farley, IA?
Want a head-to-head view? Compare Farley side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Farley?
The median home sale price in Farley is $190,000, down 38.6% from last year.
How long do homes stay on market in Farley?
Homes typically spend 35 days on market before going under contract.
What is the median income in Farley?
The median household income is $96,563 per year.
What is the Zillow home value estimate for Farley?
The Zillow Home Value Index (ZHVI) for Farley is $320,181, representing the typical home value in the area.
How much does a single-family home cost in Farley?
The median single-family home price in Farley, IA is $190,000 (about $110 per square foot).
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