Market Overview
Home Prices in Alburnett, IA
The median home value in Alburnett, IA is $311,274 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.9% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Alburnett are priced24% below average. Alburnett is part of the Cedar Rapids, IA metro area.
Over the past five years, Alburnett home values have risen by approximately31.1%, reflecting strong long-term appreciation in this market.
Price History
Alburnett Home Price Trend
City Comparison
Alburnett vs. National Median
At $311,274, homes in Alburnett cost 24% below the national median of $410,000. This makes Alburnett a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Alburnett?
20% Down Payment
$62,255
on $311,274
Monthly P&I
$1,623/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,061/mo
incl. taxes & insurance
Income Needed
$82,440
gross annual (30% rule)
10% Down Option
$31,127
+ PMI applies
Loan Amount (20% dn)
$249,019
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 Alburnett, IA?
The median home value in Alburnett is $311,274 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.9% year-over-year.
How much have home prices changed in Alburnett?
Over the past year, home values in Alburnett have increased by 5.9%. Over five years, prices have risen approximately 31.1%.
How much do I need to earn to buy a home in Alburnett?
To comfortably afford the median home price of $311,274 with a 20% down payment ($62,255) at today's rates (6.8%), you'd need a gross annual income of approximately $82,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Alburnett compare to the national average home price?
The national median home value is approximately $410,000. At $311,274, homes in Alburnett are 24% below the national average.
What metro area is Alburnett part of?
Alburnett is part of the Cedar Rapids, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.