On February 23, 2026, the Iowa real estate market saw a significant uptick in sales and transactions, with experts attributing the boom to a combination of low interest rates, strong demand, and a robust economy. According to data from the Iowa Association of Realtors, the median home price in the state increased by 10% compared to the same time last year, reaching an all-time high.One of the driving factors behind the surge in real estate activity in Iowa is the record-low mortgage rates, which have made homeownership more affordable for buyers. With interest rates hovering near historic lows, many prospective buyers have been motivated to enter the market and take advantage of the favorable financing options available to them.Additionally, the strong demand for housing in Iowa can be attributed to a variety of factors, including population growth, job opportunities, and a thriving economy. As more people move to the state in search of better opportunities, the demand for housing has increased, leading to a competitive market with multiple offers on properties.In terms of market trends, urban areas like Des Moines, Cedar Rapids, and Iowa City continue to see the highest levels of activity, with prices steadily increasing due to high demand and limited inventory. However, rural areas in Iowa have also seen a surge in interest, as more people seek out affordable housing options away from the hustle and bustle of city life.Real estate experts predict that the strong market conditions in Iowa are likely to continue in the coming months, with low interest rates and high demand fueling further growth. However, they caution that potential buyers should act quickly and be prepared to make competitive offers in order to secure their dream home in this fast-paced market.Overall, the real estate market in Iowa is thriving in 2026, with record-breaking sales and prices continuing to climb. With favorable conditions for both buyers and sellers, it's an exciting time to be in the real estate market in the Hawkeye State.