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IA area data

Montezuma, IA

Montezuma, IA.

Population: 2,524 (Census ACS)

Home values & appreciation

Median home value
$290,615
1-year appreciation
+10.5%
3-year appreciation
+16.5%
5-year appreciation
+35.1%
10-year appreciation
+97.1%
All-time peak (2026-07)
$290,615
House Price Index
379.0 (+3.7% YoY)

Market activity

New listings (monthly)
11

Affordability

Cost of living index (Low)
89.5 (100 = US avg)
Electricity rate (state-level)
13.7¢/kWh
Natural gas rate (state-level)
$10.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
drought, hail, strongWind

Climate (30-year normals)

Annual precipitation
41.2 in

Amenities

National parks within ~60 mi
1
Nearest national park
Herbert Hoover National Historic Site (58 mi)
Nearest airport
Sig Field (5 mi)
Nearest major airport
Ottumwa Regional Airport (OTM) (35 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-32 tax filers

Housing stock

Median year housing built
1,976
Median annual property tax
$2,386
Mean commute to work
20 min
Households with broadband internet
67.4%

Employment & development

Total county employment
8,664
Average weekly wage
$1,111
Top industries (by employment)
Finance & Insurance, Construction, Accommodation & Food
Annual residential building permits (county)
6

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents