Ames, IA Real Estate Market 2026

Investor-grade market analytics for Ames, Iowa. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$279,794

+2.9% year-over-year

Est. Rental Yield

4.8%

gross annual

12-Month Forecast

+2.8%

base case (Zillow ZHVF)

+2.8% year-over-year

Climate Risk

18/100

Very Low

Market Momentum

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Warm
1.9mo supply ยท Score +2/7

Net migration: Bottom 9% nationally

Income Migration

๐Ÿ“‰ Wealth Drain0.88x

In-migrants avg $49,290 AGI vs out-migrants $55,795

Ames Market Summary

Ames, IA shows steady growth at 2.9% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.94x, below the national average of 4.8x. Climate risk remains low (18/100), favorable for long-term investment stability. Rental yield of 4.81% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score87/100
Price-to-Income Ratio3.9x (national avg 4.8x)
Median Household Income$71,090

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.4%
Base Case+2.8%
Bull Case+4.3%

Climate & Natural Hazard Risk

Ames, IA's primary climate exposure is tornadoes (48/100). The composite climate risk score of 18/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Ames dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.