Land Market Insights and Pricing in Wayne County, Iowa

Wayne County, Iowa, offers a landscape of gentle rolling hills and fertile plains, characteristic of the southern Iowa Drift Plain. With 525 square miles of predominantly agricultural land, the county boasts a low population density of just 12.37 people per square mile, appealing to those seeking rural properties. Rathbun Lake on the eastern border provides recreational opportunities, while U.S. Highway 65 and Iowa Highway 2 ensure good accessibility. The county's agricultural focus is reflected in its fertile soils, ideal for farming. However, potential land buyers should note the higher-than-average property tax rate of 1.35%. Wayne County's median home price of $102,300 is significantly below the national average, presenting affordable land options. With its mix of small towns, unincorporated communities, and even a ghost town, Wayne County offers diverse opportunities for land investment and development in a quintessential rural Iowa setting.