Cerro Gordo County, IA real estate

What the numbers say

Cerro Gordo County, IA real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Cerro Gordo County listed for $317,350, up 11.4% from a year earlier. That is 11% above the Iowa median of $284,900.

Homes spent a median of 65 days on the market, faster than 77 days a year ago. That makes Cerro Gordo County the #12 fastest-selling of 13 Iowa counties we track.

Homeowners in Cerro Gordo County pay a median of $2,410 a year in property taxes on a median home value of $166,400, an effective rate of about 1.45%. The Iowa average is 1.39%, which makes Cerro Gordo County the #79 lowest-tax of 99 counties in the state with published tax data.

Renters pay a median of $850 a month, and $880 for a two-bedroom. At today's prices a typical home costs about 31 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $317,000 home here comes to about $2,245 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $96,000 a year (the median household here earns $68,189).