Home Values in Dubuque, Iowa — 2026 Market Report
Updated March 2026 | Buyer's Market | +4.8% YoY
The median home value in Dubuque, Iowa is $185,000 as of March 2026, which is below the national median of $400,000. Home values in Dubuque have increased by 4.8% over the past year and 26.4% over the last five years. With a population of 59,667 and a median household income of $48,250, the price-to-income ratio stands at 3.8x, making Dubuque affordable for the average household.
Dubuque Housing Market Conditions
| Metric | Dubuque | National Avg |
|---|---|---|
| Median Home Value | $185,000 | $400,000 |
| YoY Appreciation | +4.8% | +3.8% |
| 5-Year Appreciation | +26.4% | +22.4% |
| Price per Sq Ft | $48 | $222 |
| Days on Market | 45 days | 45 days |
| Months of Supply | 5.3 | 3.5 |
| List-to-Sale Ratio | 100.5% | 98.5% |
| Monthly Homes Sold | 37 | — |
| Foreclosure Rate | 0.77% | 0.3% |
Home Value Trends in Dubuque
A homeowner who purchased at the median price of $146,361 five years ago in Dubuque would have gained approximately $38,639 in equity, representing a 26.4% return on investment. Over the past year alone, the typical homeowner gained $8,473 in home equity.
Affordability in Dubuque, IA
With a median household income of $48,250 and a median home price of $185,000, the price-to-income ratio in Dubuque is 3.8x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $1,444 compared to estimated monthly ownership costs of $1,121 gives a rent-vs-buy ratio of 0.78. In Dubuque, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Dubuque
The effective property tax rate in Iowa is 1.57%. On a home valued at $185,000, the estimated annual property tax bill is $2,905, or approximately $242/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Dubuque is 83.5 (100 = national average), indicating living costs are below the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Dubuque, IA?
The median home value in Dubuque, Iowa is $185,000 as of March 2026. Home values have changed +4.8% over the past year, with a 5-year appreciation of 26.4%.
Is Dubuque a buyer's or seller's market?
Dubuque is currently a buyer's market with 5.3 months of housing supply. Homes spend an average of 45 days on market, and the list-to-sale price ratio is 100.5%. Higher inventory gives buyers more negotiating power.
Are home values going up in Dubuque?
Yes, home values in Dubuque have increased by 4.8% over the past year. The 5-year appreciation rate is 26.4%, meaning a home worth $146,361 five years ago is now worth $185,000.
Is it better to rent or buy in Dubuque?
The average monthly rent in Dubuque is $1,444, while estimated monthly homeownership costs are approximately $1,121. The price-to-rent ratio is 10.7. Based on current conditions, buying may be more cost-effective than renting in this market.
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Disclaimer: Home value data for Dubuque, Iowa is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.