Photo: Bobak Ha'Eri · CC BY 3.0110 homes sold in Decorah in the last year, at a typical $296K
Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Decorah homes are listed.
Every place Decorah homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Decorah.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Decorah’s sales, at a typical — (year to May 2026)
110 homes sold in the year to September 2026.
About as many homes sell as usual, at 1.8 times the 2016 price
110 sales in the last year, against 149 in 2021 and a low of 54 in 2015. The typical sale went from $167K in 2016 to $296K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Bidding wars in Decorah are more common than before the pandemic, but 43% fewer homes come up for sale
We read every month of Decorah’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 110 sales.
If you’re buying in Decorah
- Shop in May. It brings about 12 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
- Offer under asking. Buyers paid 96.6% of the list price on average; 23% paid over.
- You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 31 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 13 a month), but July is the most competitive: 28% of July sales close over asking. February has the least competition (14%) but only about 6 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Iowa as a whole
| Decorah now | 2017–19 | 2021 peak | IA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 23% | 10% | 35% | 20% |
| Gone within two weeksShare of homes under contract within 14 days | 41% | 0% | 3% | 35% |
| Price paid vs. askingAverage sale price ÷ list price | 96.6% | 95.5% | 98.8% | 97.5% |
| Days to sellMedian days from listing to contract | 31 | 86 | 64 | 46 |
18 homes for sale on a typical day
That’s twice the 2023 low (9), 43% fewer than in 2017–19 and well under 2020’s 39.
Decorah ranks 24th of 91 busy Iowa markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Decorah is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2015 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Decorah home costs about $1,891 a month
Price: Decorah’s typical sale, last 12 months. Property tax at Decorah’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Decorah is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. January has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $296K home, about $4,160 a year.
Taxes vs. neighborsSchools
The schools grade for Decorah, from test results, graduation and how much students grow.
Schools in DecorahCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Waukon, Cresco and West Union sell for less a square foot
The busier markets within 25 miles of Decorah, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Decorah | 110 | $296K | $167 | 23% | 31 |
| Waukon | 37 | $197K | $121 | 20% | 21 |
| Cresco | 34 | $161K | $101 | 12% | 35 |
| West Union | 34 | $165K | $104 | 16% | 45 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Decorah, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Decorah. People who follow the town see it, and so do people comparing Decorah with their own town. No commission, no listing fee.
Questions about buying a home in Decorah
What do homes sell for in Decorah, IA?
110 homes sold in the year to September 2026 at a typical $296K, $167 a square foot.
Is Decorah a buyer’s or seller’s market?
A seller’s market: 20 homes were for sale in September 2026 and 12 sold, about 1.7 months of supply. Buyers paid 96.6% of asking on average.
When is the best time to buy in Decorah?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Decorah?
About 1.4% of a home’s value a year. On a $296K home that’s near $4,160.
Where can I see homes for sale in Decorah?
Zillow, Redfin, Realtor.com and Homes.com all carry Decorah’s MLS listings; the search links above open each one filtered to Decorah.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).