Dexter, IA housing market
The typical Dexter home is worth about $251,000, down 3.2% in a year, close to the Iowa typical home.
Home values, sales, trends and how Dexter compares with the towns next door — updated as new data is published.
Dexter at a glance
Typical home value, 2016–2026
Show as a table
| January | Dexter | Iowa |
|---|---|---|
| 2017 | $145,000 | $147,000 |
| 2018 | $153,000 | $152,000 |
| 2019 | $166,000 | $159,000 |
| 2020 | $182,000 | $167,000 |
| 2021 | $200,000 | $179,000 |
| 2022 | $232,000 | $195,000 |
| 2023 | $258,000 | $211,000 |
| 2024 | $252,000 | $218,000 |
| 2025 | $269,000 | $228,000 |
| 2026 | $252,000 | $236,000 |
| August 2026 | $251,000 | $240,000 |
10 new homes permitted in 2025
Builders were permitted 10 new homes in Dexter in 2025, all in buildings with two or more homes, worth about $1.7 million to build. Over the past 10 years, Dexter has permitted 12 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Dexter gained 29 residents while 2 new homes were permitted: about 15 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Iowa: 1.3 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 4 | 0 | 4 | $699,000 |
| 2025 | 10 | 0 | 10 | $1.7 million |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 1 | 1 | 0 | $271,000 |
| 2019 | 1 | 1 | 0 | $271,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 1 | 1 | 0 | $220,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $200,000 |
| 2008 | 2 | 2 | 0 | $295,000 |
| 2007 | 6 | 6 | 0 | $885,000 |
| 2006 | 2 | 2 | 0 | $200,000 |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 2 | 2 | 0 | $225,000 |
| 2003 | 3 | 3 | 0 | $350,000 |
| 2002 | 4 | 4 | 0 | $87,000 |
| 2001 | 3 | 3 | 0 | $65,000 |
| 2000 | 3 | 3 | 0 | $65,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,200
HUD's Fair Market Rent for a two-bedroom in Dexter is $1,200 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Dexter pay a median of $845, so moving in tends to cost more than staying put.
Studio $970 · 4 bedrooms $1,680
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (50070; Des Moines-West Des Moines, IA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.