Market Overview
Home Prices in Albert City, IA
The median home value in Albert City, IA is $164,429 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and down 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Albert City are priced60% below average. Albert City is part of the Storm Lake, IA metro area.
Over the past five years, Albert City home values have risen by approximately30.4%, reflecting strong long-term appreciation in this market.
Price History
Albert City Home Price Trend
City Comparison
Albert City vs. National Median
At $164,429, homes in Albert City cost 60% below the national median of $410,000. This makes Albert City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Albert City?
20% Down Payment
$32,886
on $164,429
Monthly P&I
$858/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,090/mo
incl. taxes & insurance
Income Needed
$43,600
gross annual (30% rule)
10% Down Option
$16,443
+ PMI applies
Loan Amount (20% dn)
$131,543
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 Albert City, IA?
The median home value in Albert City is $164,429 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in Albert City?
Over the past year, home values in Albert City have increased by 5.2%. Over five years, prices have risen approximately 30.4%.
How much do I need to earn to buy a home in Albert City?
To comfortably afford the median home price of $164,429 with a 20% down payment ($32,886) at today's rates (6.8%), you'd need a gross annual income of approximately $43,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Albert City compare to the national average home price?
The national median home value is approximately $410,000. At $164,429, homes in Albert City are 60% below the national average.
What metro area is Albert City part of?
Albert City is part of the Storm Lake, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.