46Alpha

Ames, IA metro area Housing Market Brief

metro · IA · score computed October 2026

Balanced

What is Ames, IA metro area’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%
●76
Inventory Health25%
●31

Population band 4 of 5 (population 112,714–277,881) · comparable within its band

Affordability20%
●44
Economic Strength20%
+7.650
Rental Yield15%
●32

Where is Ames, IA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Ames, IA metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Ames, IA metro area?

Metro-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.

Ames, IA metro area housing market data

MetricValueYoYSource
Median Sale Price$264K▼ -4.5%Redfin
Median Days on Market31 days▲ +63.2%Redfin
Months of Supply3.6▲ +33.3%Redfin
Homes for Sale393▲ +37.4%Redfin
Homes Sold109▲ +3.8%Redfin
Median Price / Sq Ft$169▼ -1.8%Redfin

How has Ames, IA metro area’s Alpha Score moved?

Now: 46
2-period trend
Median sale price · 12 mo

Markets like Ames, IA metro area

Frequently asked questions

Is Ames, IA metro area a buyer's or seller's market?

In the scores computed October 2026, Ames, IA metro area is classified as a Balanced Market, based on its Alpha Score of 46 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Ames, IA metro area?

The median sale price in Ames, IA metro area is $264K, having fallen 4.5% over the past year, according to Redfin.

How affordable is Ames, IA metro area?

Ames, IA metro area scores 44 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Ames, IA metro area's Alpha Score?

Ames, IA metro area's strongest dimension is Price Momentum (76/100) and its weakest is Inventory Health (31/100). The Alpha Score is a weighted blend of all five dimensions.

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