55Alpha

Wapello County, IA Housing Market Brief

county · IA · score computed October 2026

Balanced

What is Wapello County, IA’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●9
Inventory Health25%
●44

Population band 3 of 5 (population 20,431–39,126) · comparable within its band

Affordability20%
●91
Economic Strength20%
●52
Rental Yield15%
●93

Where is Wapello County, IA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Wapello County, IA is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Wapello County, IA?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Wapello County, IA housing market data

MetricValueYoYSource
Median Sale Price$153K▼ -7.5%Redfin
Median Days on Market58 days▲ +20.8%Redfin
Months of Supply3.4▲ +3%Redfin
Homes for Sale113▲ +25.6%Redfin
Homes Sold33▲ +22.2%Redfin
Median Price / Sq Ft$112▼ -9.1%Redfin

How has Wapello County, IA’s Alpha Score moved?

Now: 55
2-period trend
Median sale price · 12 mo

Markets like Wapello County, IA

Frequently asked questions

Is Wapello County, IA a buyer's or seller's market?

In the scores computed October 2026, Wapello County, IA is classified as a Balanced Market, based on its Alpha Score of 55 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Wapello County, IA?

The median sale price in Wapello County, IA is $153K, having fallen 7.5% over the past year, according to Redfin.

How affordable is Wapello County, IA?

Wapello County, IA scores 91 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Wapello County, IA's Alpha Score?

Wapello County, IA's strongest dimension is Rental Yield (93/100) and its weakest is Price Momentum (9/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Wapello County, IA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.