56Alpha

Wapello County, IA Housing Market Brief

county · IA · as of May 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%
+5.222
Inventory Health25%
+12.250
Affordability20%
91
Economic Strength20%
-1.647
Rental Yield15%
75

Where is Wapello County, IA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

Wapello County, IA housing market data

MetricValueYoY
Median Sale Price$137K-9.6%
Median Days on Market50 days▲ +6.4%
Months of Supply3.3▲ +65%
Homes for Sale96▲ +9.1%
Homes Sold29-34.1%
Median Price / Sq Ft$107▲ +15.1%
Sale-to-List Ratio95.6%▲ +0.7%

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

Now: 56
3-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?

As of May 2026, Wapello County, IA is classified as a Balanced Market, based on its Alpha Score of 56 out of 100. The classification reflects current price, inventory, 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 $137K, having fallen 9.6% over the past year.

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 Affordability (91/100) and its weakest is Price Momentum (22/100). 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.