Current Price

$187,326

1 Month Forecast

â–² $187,757

1-Year Forecast *

â–² $192,005

5-Year Forecast *

â–² $201,069

"Is it a good time to buy homes in Promise City?" "Does investing in real estate in Promise City (Iowa State, Wayne County) worth it?" According to our live Forecast System, buying a house in Promise City is a not so good short-term (1-year) investment*. The Promise City average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Promise City" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Promise City in Iowa State, Wayne County. If you are looking for homes for sale with good flipping profit, Promise City can be a profitable property investment option. The median price of an average house in Promise City was 187,326 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Promise City" area is 201,069 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +7.34% meaning that investing 100000 USD today may yield a profit of 7,337 USD by 2031.

Current Median Listing Price: 187,326 USD Median Listing Price Per Square Foot: 104 USD

Promise City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Promise City (Iowa State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Promise City Price Target

Promise City median home price target in 12 months: $192,005* (upside of 2.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $181,976 $187,326 $177,992 $187,326
2023 $186,745 $183,390 $182,069 $187,714
2022 $0 $189,641 $0 $190,817
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Promise City Housing Market Forecast

How much does an average home cost in Promise City today?

The value of an average home (the listing price) in Promise City is $187,326 USD.

What is the average price per square foot in Promise City?

According to Walletinvestor the median price per square foot in Promise City is 104 USD.

Will the median listing price of homes in Promise City grow / rise / go up?

Yes. The Promise City home prices may rise from 187,326 USD to 192,005 USD in one year.

Is it profitable to invest in Promise City homes?

Yes. The long-term profit potential is +2.50% in one year.

Will Promise City house prices fall / drop?

No. See above.

What is the predicted price of a Promise City home in 2030?

The predicted home sales price of a Promise City home in 2030 in Promise City is 201,809 USD.

What is the predicted price of a Promise City home in 2035?

The predicted home sales price of a Promise City home in 2035 in Promise City is 222,976 USD.

Will real estate prices decrease in Promise City?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Promise City is the 24959. largest city in the United States, located in Iowa State.

During the last 12 months the real estate prices in Wayne, Promise City remained stable, looking at the past 12 months.

According to Walletinvestor's Promise City real estate market research, home values will increase in the next 12 months.

Median home values remained unchanged to 187,326 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 2.748% in 2021
  • 4.458% in 2022
  • 1.808% in 2023
  • 1.628% in 2024
  • 4.448% in 2025
  • 4.078% in 2026

Based on our Promise City real estate market research and report the predicted sales prices will increase by 27.984% in the next 10 years.

Promise City (Iowa) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Promise City Housing Market Forecast with Real Estate Prices for 2025
January 2025 187757 173488 202027
February 2025 188658 171679 205637
March 2025 189563 176673 202454
April 2025 190473 172950 207997
May 2025 191387 175119 207655
June 2025 192306 174806 209805
July 2025 193228 179509 206948
August 2025 194156 184059 204252
September 2025 194357 180558 208157
October 2025 193570 182730 204410
November 2025 192786 176592 208980
December 2025 192005 180869 203142
Promise City Housing Market Forecast with Real Estate Prices for 2026
January 2026 191228 172105 210350
February 2026 192096 175960 208232
March 2026 193018 174874 211162
April 2026 193944 177847 210041
May 2026 194461 184155 204768
June 2026 195395 180154 210635
July 2026 195962 179893 212031
August 2026 195168 182677 207659
September 2026 194378 178050 210705
October 2026 193590 175199 211981
November 2026 192806 174297 211316
December 2026 192025 174935 209116
Promise City Housing Market Forecast with Real Estate Prices for 2027
January 2027 191248 173653 208842
February 2027 191392 181439 201344
March 2027 192310 174810 209811
April 2027 193233 176615 209851
May 2027 194054 176783 211325
June 2027 194479 175226 213732
July 2027 194503 175442 213564
August 2027 195350 180503 210197
September 2027 195858 181364 210351
October 2027 196798 178889 214706
November 2027 197251 183838 210664
December 2027 198197 180359 216035
Promise City Housing Market Forecast with Real Estate Prices for 2028
January 2028 199148 189191 209106
February 2028 200104 184696 215512
March 2028 201064 184376 217753
April 2028 202029 183644 220414
May 2028 202999 183917 222080
June 2028 203973 187859 220087
July 2028 204185 188462 219907
August 2028 203358 186886 219830
September 2028 202534 185116 219952
October 2028 201714 183156 220271
November 2028 200897 187035 214759
December 2028 201809 191315 212303
Promise City Housing Market Forecast with Real Estate Prices for 2029
January 2029 202777 192639 212916
February 2029 203751 186635 220866
March 2029 204294 185908 222681
April 2029 205274 189879 220670
May 2029 205870 190224 221517
June 2029 205037 189864 220209
July 2029 204206 191137 217275
August 2029 203379 190769 215988
September 2029 202555 189187 215924
October 2029 201735 190236 213234
November 2029 200918 190872 210964
December 2029 201069 190614 211525
Promise City Housing Market Forecast with Real Estate Prices for 2030
January 2030 202034 189306 214762
February 2030 203004 191229 214778
March 2030 203866 184295 223437
April 2030 204313 187150 221475
May 2030 204338 186560 222115
June 2030 205227 190862 219593
July 2030 205761 188888 222633
August 2030 206748 189381 224115
September 2030 207224 194584 219865
October 2030 208219 197183 219254
November 2030 209218 191434 227001
December 2030 210222 192773 227670
Promise City Housing Market Forecast with Real Estate Prices for 2031
January 2031 211231 196445 226017
February 2031 212244 191020 233469
March 2031 213263 192150 234376
April 2031 214286 199072 229501
May 2031 214509 195632 233386
June 2031 213640 194840 232440
July 2031 212775 195966 229584
August 2031 211913 193053 230773
September 2031 211055 191638 230472
October 2031 212013 197596 226430
November 2031 213031 194284 231777
December 2031 214053 193718 234388

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.