Home appreciation in Ames, IA

Over the five years ending 2025, home prices in Ames, IA grew an average of 7.3% a year.

Price growth at a glance

1-year

+2.5%

2025 over 2024. Iowa: +4.0%.

5-year, per year

+7.3%

Average annual growth, 2020 to 2025. Iowa: +7.5%.

10-year, per year

+5.4%

+69.9% in total since 2015. Iowa: +5.4%.

How does your home compare?

Ames, IA home prices rose 69.9% over the ten years to 2025, while its ZIP codes ranged from +52.1% to +84.2%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Ames, IA compares with Iowa

The metro and its state moved almost together over that window. For five-year price growth, Ames, IA ranks 327th out of 409 metros nationwide and 3rd out of 8 in Iowa.

Index, 2005 = 100

Ames, IA and Iowa, quarterly house price index rebased to 100 in 2005.
YearAmes, IAIowa
2005 Q1100100
2005 Q2102101
2005 Q3104103
2005 Q4104104
2006 Q1104104
2006 Q2105104
2006 Q3104105
2006 Q4105106
2007 Q1106106
2007 Q2108107
2007 Q3107107
2007 Q4108108
2008 Q1108108
2008 Q2107108
2008 Q3107107
2008 Q4107107
2009 Q1108108
2009 Q2108108
2009 Q3107107
2009 Q4107107
2010 Q1104106
2010 Q2107106
2010 Q3107107
2010 Q4107107
2011 Q1104106
2011 Q2104106
2011 Q3106107
2011 Q4107107
2012 Q1106107
2012 Q2106107
2012 Q3107108
2012 Q4108108
2013 Q1108108
2013 Q2108109
2013 Q3110110
2013 Q4113110
2014 Q1110110
2014 Q2113111
2014 Q3115112
2014 Q4115113
2015 Q1115113
2015 Q2117115
2015 Q3118116
2015 Q4119116
2016 Q1120117
2016 Q2123118
2016 Q3123120
2016 Q4124120
2017 Q1123121
2017 Q2128123
2017 Q3130124
2017 Q4129125
2018 Q1128125
2018 Q2133128
2018 Q3132129
2018 Q4131129
2019 Q1133130
2019 Q2136131
2019 Q3137133
2019 Q4138134
2020 Q1138134
2020 Q2139135
2020 Q3140136
2020 Q4141139
2021 Q1143140
2021 Q2151147
2021 Q3155153
2021 Q4160156
2022 Q1158159
2022 Q2174169
2022 Q3176172
2022 Q4172171
2023 Q1176173
2023 Q2184178
2023 Q3190182
2023 Q4183182
2024 Q1186183
2024 Q2196188
2024 Q3194190
2024 Q4200190
2025 Q1195191
2025 Q2197195
2025 Q3201197
2025 Q4203198
2026 Q1205199
2026 Q2208202

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +5.4% a year over ten years, +69.9% in total.

Over this history, home prices never fell more than 2.0% from a prior peak.

The strongest year was 2022 at +11.6%, and the weakest was 2010 at -1.1%.

In 2025 alone the index moved +2.5%, against +4.0% for the state.

ZIP codes in Ames, IA

Over the ten years to 2025, the 12 ZIP codes FHFA measures in this metro ranged from +52.1% in 50236 to +84.2% in 50156, while the metro as a whole rose 69.9%.

Fastest-rising ZIP codes

10-year change

  1. 50156+84.2%
  2. 50212+81.5%
  3. 50161+74.7%
  4. 50201+74.7%
  5. 50036+71.3%

Slowest-rising ZIP codes

10-year change

  1. 50236+52.1%
  2. 50124+57.0%
  3. 50014+57.7%
  4. 50010+60.6%
  5. 50105+63.0%
ZIP codes in Ames, IA ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
501560.0%+7.5%+6.3%+84.2%
50212+5.1%+8.2%+6.1%+81.5%
50161+3.2%+6.8%+5.7%+74.7%
50201+9.2%+8.0%+5.7%+74.7%
50036+1.0%+6.9%+5.5%+71.3%
50244+4.9%+7.9%+5.5%+70.7%
50248-0.3%+6.6%+5.1%+65.1%
50105+1.4%+6.3%+5.0%+63.0%
50010+2.3%+6.9%+4.8%+60.6%
50014+2.7%+6.7%+4.7%+57.7%
50124+5.8%+6.6%+4.6%+57.0%
50236-2.0%+5.9%+4.3%+52.1%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Ames, IA and Iowa, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006102.1+2.1%102.6
2007104.8+2.6%104.9
2008104.6-0.1%105.4
2009104.9+0.3%105.3
2010103.8-1.1%104.6
2011102.8-1.0%104.3
2012104.0+1.2%105.5
2013107.1+3.0%107.1
2014110.6+3.2%109.2
2015114.4+3.5%112.8
2016119.3+4.3%116.7
2017124.4+4.3%121.0
2018128.0+2.9%125.3
2019132.8+3.7%129.3
2020136.4+2.7%133.6
2021148.8+9.0%146.1
2022166.0+11.6%164.9
2023178.8+7.8%175.3
2024189.6+6.0%184.2
2025194.3+2.5%191.5

The 8 measured metros in Iowa

Measured metros in Iowa ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Sioux City, IA-NE-SD+5.7%+8.5%+6.7%
2Dubuque, IA+5.3%+7.8%+5.4%
3Ames, IA+2.5%+7.3%+5.4%
4Des Moines-West Des Moines, IA+2.6%+7.3%+5.6%
5Davenport-Moline-Rock Island, IA-IL+4.7%+7.0%+4.7%
6Waterloo-Cedar Falls, IA+2.5%+7.0%+4.5%
7Cedar Rapids, IA+2.8%+6.8%+4.7%
8Iowa City, IA+5.0%+6.5%+4.6%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Iowa row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

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Measured FHFA data · chart through 2026 Q2