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Featured local agent — Hiawatha, IA
Sarah Mitchell
Compass Real Estate · Hiawatha, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hiawatha, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$253,475median sale price
How is the Hiawatha, IA housing market right now?
The median home sale price in Hiawatha, IA is $253,475, down 20.7% year-over-year. Homes sell in an average of 4 days with 19 active listings. The market is currently a strong seller's 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 Hiawatha a buyer's or seller's market?
Hiawatha, IA is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 4 days. How we determine this →
Homes sold
14
Last 12 weeks
Days on market
4
Fast-moving
Active listings
19
1.4 months supply
Sale-to-list
100.8%
Above asking
What does the Hiawatha housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $253,475 |
| Median list price | $372,450 |
| Year-over-year price change | -20.7% |
| Average days on market | 4 days |
| Active inventory | 19 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 100.8% |
| Median price per sq ft | $148/sq ft |
| Homes sold (latest month) | 14 |
| New listings (latest month) | 10 |
| Listings with a price cut | 31.6% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Hiawatha by property type?
How the Hiawatha, 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 | $326,990 | $153/sq ft | 11 | 4 days |
| Condo / Co-op | $223,495 | $148/sq ft | 2 | 135 days |
Source: Redfin · Updated monthly
The Hiawatha housing market is currently classified as a strong seller's market with a median sale price of $253,475. Prices have fallen 20.7% compared to last year, with homes spending an average of 4 days on market, indicating 1.4 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 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Hiawatha
There are currently 19 homes listed for sale in Hiawatha, Iowa. The median listing price is $372K.
Active listings
19
Homes on market
Median list price
$372K
Avg. days on market
4
Days until sale
New this week
10
Newly listed
Who lives in Hiawatha?
Population
7,178
Median income
$67,628/yr
Median age
33.4 years
Owner-occupied
68.3%
College grads
32.4%
Avg commute
15 min
Source: U.S. Census Bureau ACS
What are homes worth in Hiawatha?
Zillow home value
$265,459
Zillow rent index
$1,074/mo
Price-to-rent ratio
20.6x
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Hiawatha?
Hiawatha is a community of approximately 7K residents with a median age of 33.4 years.The median household income is $67,628, which represents a working-class community with solid middle-income opportunities. 32.4% 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 15 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hiawatha offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hiawatha?
2 schools tracked · 627 students
The largest public schools serving Hiawatha, 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.
Hiawatha Elementary School
Grades PK-5 · 343 students
Nixon Elementary School
Grades PK-5 · 284 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 Hiawatha, IA?
Want a head-to-head view? Compare Hiawatha side-by-side with any other U.S. city using our market-comparison tool.
Is Hiawatha a good real estate investment market?
For investors evaluating Hiawatha, the price-to-rent ratio of 20.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 20.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Hiawatha's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hiawatha's median home price.
Frequently asked questions
What is the average home price in Hiawatha?
The median home sale price in Hiawatha is $253,475, down 20.7% from last year.
How long do homes stay on market in Hiawatha?
Homes typically spend 4 days on market before going under contract.
What is the median income in Hiawatha?
The median household income is $67,628 per year.
Is Hiawatha a buyer's or seller's market?
With 1.4 months of supply, Hiawatha is currently a strong seller's market.
What is the Zillow home value estimate for Hiawatha?
The Zillow Home Value Index (ZHVI) for Hiawatha is $265,459, representing the typical home value in the area.
What is the median condo price in Hiawatha?
The median condo/co-op sale price in Hiawatha, IA is $223,495, compared to $326,990 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Hiawatha?
The median single-family home price in Hiawatha, IA is $326,990 (about $153 per square foot).
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