Market Overview
Home Prices in Agency, IA
The median home value in Agency, IA is $187,531 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.3% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Agency are priced54% below average. Agency is part of the Ottumwa, IA metro area.
Over the past five years, Agency home values have risen by approximately48.1%, reflecting strong long-term appreciation in this market.
Price History
Agency Home Price Trend
2020
$113,882
$114K
—
2021
$126,633
$127K
+11.2%
2022
$147,164
$147K
+16.2%
2023
$156,533
$157K
+6.4%
2024
$163,420
$163K
+4.4%
2025
$171,568
$172K
+5.0%
2026
$187,531
$188K
+9.3%
City Comparison
Agency vs. National Median
🏠 Agency
$187,531
National Median
$410,000
At $187,531, homes in Agency cost 54% below the national median of $410,000. This makes Agency a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Agency?
20% Down Payment
$37,506
on $187,531
Monthly P&I
$978/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,242/mo
incl. taxes & insurance
Income Needed
$49,680
gross annual (30% rule)
10% Down Option
$18,753
+ PMI applies
Loan Amount (20% dn)
$150,025
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Agency, IA?
The median home value in Agency is $187,531 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.3% year-over-year.
How much have home prices changed in Agency?
Over the past year, home values in Agency have increased by 9.3%. Over five years, prices have risen approximately 48.1%.
How much do I need to earn to buy a home in Agency?
To comfortably afford the median home price of $187,531 with a 20% down payment ($37,506) at today's rates (6.8%), you'd need a gross annual income of approximately $49,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Agency compare to the national average home price?
The national median home value is approximately $410,000. At $187,531, homes in Agency are 54% below the national average.
What metro area is Agency part of?
Agency is part of the Ottumwa, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.