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IA area data

Palo, IA

Palo, IA.

Population: 2,216 (Census ACS)

Home values & appreciation

Median home value
$353,797
1-year appreciation
+4.7%
3-year appreciation
+9.4%
5-year appreciation
+24.8%
10-year appreciation
+67.9%
All-time peak (2026-07)
$353,797
House Price Index
379.0 (+3.7% YoY)

Market activity

Median sale price
$318,750
Median list price
$375,000
Median days on market
70.5 days
Sale-to-list ratio
100.7%
Active listings
9
1-year forecast
+1.7%
New listings (monthly)
4

Rents

2-bedroom fair-market rent (HUD reference)
$1,088/mo
3BR fair-market rent
$1,415/mo

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%

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
strongWind, hail, iceStorm, lightning, tornado
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
54
Days with Good air quality
130
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
5.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Herbert Hoover National Historic Site (36 mi)
Nearest airport
Chain Lakes Airpark (5 mi)
Nearest major airport
The Eastern Iowa Airport (CID) (13 mi)
Hospitals nearby (~15 mi)
339
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-392 tax filers

Housing stock

Median year housing built
2,003
Median annual property tax
$4,248
Mean commute to work
22 min
Households with broadband internet
88.3%

Employment & development

Total county employment
113,359
Average weekly wage
$1,269
Top industries (by employment)
Health Care, Accommodation & Food, Finance & Insurance
Annual residential building permits (county)
443

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