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Featured local agent — Packwood, IA
Sarah Mitchell
Compass Real Estate · Packwood, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Packwood, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$165,000median sale price
How is the Packwood, IA housing market right now?
The median home sale price in Packwood, IA is $165,000. Homes sell in an average of 51 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of July 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Packwood a buyer's or seller's market?
Packwood, IA is currently a balanced market and homes selling in about 51 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
51
Average pace
Active listings
—
Sale-to-list
103.8%
Above asking
What does the Packwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $165,000 |
| Average days on market | 51 days |
| Sale-to-list price ratio | 103.8% |
| Median price per sq ft | $116/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Packwood by property type?
How the Packwood, 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 | $165,000 | $116/sq ft | 1 | 51 days |
Source: Redfin · Updated monthly
The Packwood housing market is currently classified as a balanced market with a median sale price of $165,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 51 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 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Packwood
Explore homes currently listed for sale in Packwood, Iowa across major real estate platforms.
Who lives in Packwood?
Population
484
Median income
$43,750/yr
Median age
37.4 years
Owner-occupied
86.8%
College grads
15.5%
Avg commute
20.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Packwood?
Zillow home value
$160,581
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Packwood?
Packwood is a community of approximately 0K residents with a median age of 37.4 years.The median household income is $43,750, which represents a working-class community with solid middle-income opportunities. 15.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 86.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Packwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Packwood?
2 schools tracked · 623 students
The largest public schools serving Packwood, 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.
Pekin Elementary School
Grades PK-6 · 336 students
Pekin Community Junior/ Senior High School
Grades 7-12 · 287 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 Packwood, IA?
Want a head-to-head view? Compare Packwood side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Packwood?
The median home sale price in Packwood is $165,000, down 0.0% from last year.
How long do homes stay on market in Packwood?
Homes typically spend 51 days on market before going under contract.
What is the median income in Packwood?
The median household income is $43,750 per year.
What is the Zillow home value estimate for Packwood?
The Zillow Home Value Index (ZHVI) for Packwood is $160,581, representing the typical home value in the area.
How much does a single-family home cost in Packwood?
The median single-family home price in Packwood, IA is $165,000 (about $116 per square foot).
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