Parnell, IA housing market
The typical Parnell home is worth about $331,000, up 5.9% in a year, 38% above the Iowa typical home.
Home values, sales, trends and how Parnell compares with the towns next door — updated as new data is published.
Parnell at a glance
Typical home value, 2017–2026
Show as a table
| January | Parnell | Iowa |
|---|---|---|
| 2018 | $182,000 | $152,000 |
| 2019 | $188,000 | $159,000 |
| 2020 | $201,000 | $167,000 |
| 2021 | $220,000 | $179,000 |
| 2022 | $241,000 | $195,000 |
| 2023 | $273,000 | $211,000 |
| 2024 | $290,000 | $218,000 |
| 2025 | $311,000 | $228,000 |
| 2026 | $319,000 | $236,000 |
| August 2026 | $331,000 | $240,000 |
No new homes permitted in 2025
No permits for new homes were issued in Parnell in 2025. The last year with any was 2022 (1 new home).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 1 | 1 | 0 | $273,000 |
| 2021 | 1 | 1 | 0 | $245,000 |
| 2020 | 1 | 1 | 0 | $238,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 11 | 0 | 11 | $1.1 million |
| 2016 | 9 | 0 | 9 | $897,000 |
| 2015 | 9 | 0 | 9 | $897,000 |
| 2014 | 7 | 0 | 7 | $713,000 |
| 2013 | 7 | 0 | 7 | $676,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 1 | 1 | 0 | $75,000 |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 1 | 1 | 0 | $10,000 |
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 $1,080
HUD's Fair Market Rent for a two-bedroom in Parnell is $1,080 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Parnell pay a median of $679, so moving in tends to cost more than staying put.
Studio $800 · 4 bedrooms $1,710
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (52325; Iowa City, 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.