Decorah, IA · Market Data

Decorah, Iowa real estate market data.

Real estate market data for Decorah, IA (Winneshiek County) — Census median home value $234,600, county listing prices up about 1.4% over the past year.

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Decorah, IA is in Winneshiek County, Iowa — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 7,597, with a median household income of $62,177. Census data puts Decorah's median home value at $234,600.

At a glance

Decorah market snapshot

Population

7,597

Median Household Income

$62,177

Median Home Value (city)

$234,600

Median Gross Rent

$788/mo

Price Trend (YoY)

+1.4%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Decorah

What makes Decorah different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Decorah's median home value — across all owner-occupied homes, not just recent sales — at $234,600.

County Price Trend

Winneshiek County's FHFA house price index shows a 1.36% annual change in 2025.

Population & Income

Decorah has an estimated population of 7,597 and a median household income of $62,177, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Decorah's Census-reported median home value works out to about 3.8x the area's median household income, and median gross rent runs roughly 15% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Decorah FAQ

What are home values like in Decorah, IA?

The Census Bureau's American Community Survey puts Decorah's median home value at $234,600.

What is the population of Decorah, IA?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Decorah's population at approximately 7,597.

What's the median rent in Decorah, IA?

The Census ACS estimates median gross rent in Decorah at approximately $788 per month.

What is the median household income in Decorah, IA?

Census ACS data puts the median household income in Decorah at approximately $62,177.

Is the Decorah housing market growing?

Winneshiek County's FHFA house price index shows a 1.36% annual change in 2025.

Is Decorah, IA affordable relative to income?

Census ACS data puts Decorah's median home value at about 3.8 times the median household income, with median gross rent equal to roughly 15% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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