Market Overview
Home Prices in Alvord, IA
The median home value in Alvord, IA is $273,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 16.3% compared to a year ago and up 5.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Alvord are priced33% below average.
Price History
Alvord Home Price Trend
2022
$208,574
$209K
—
2023
$206,951
$207K
-0.8%
2024
$222,805
$223K
+7.7%
2025
$234,813
$235K
+5.4%
2026
$273,099
$273K
+16.3%
City Comparison
Alvord vs. National Median
🏠 Alvord
$273,099
National Median
$410,000
At $273,099, homes in Alvord cost 33% below the national median of $410,000. This makes Alvord a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Alvord?
20% Down Payment
$54,620
on $273,099
Monthly P&I
$1,424/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,808/mo
incl. taxes & insurance
Income Needed
$72,320
gross annual (30% rule)
10% Down Option
$27,310
+ PMI applies
Loan Amount (20% dn)
$218,479
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 Alvord, IA?
The median home value in Alvord is $273,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 16.3% year-over-year.
How much have home prices changed in Alvord?
Over the past year, home values in Alvord have increased by 16.3%.
How much do I need to earn to buy a home in Alvord?
To comfortably afford the median home price of $273,099 with a 20% down payment ($54,620) at today's rates (6.8%), you'd need a gross annual income of approximately $72,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Alvord compare to the national average home price?
The national median home value is approximately $410,000. At $273,099, homes in Alvord are 33% below the national average.