Market Overview
Home Prices in Armstrong, IA
The median home value in Armstrong, IA is $174,132 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.3% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Armstrong are priced58% below average.
Over the past five years, Armstrong home values have risen by approximately36.3%, reflecting strong long-term appreciation in this market.
Price History
Armstrong Home Price Trend
2020
$120,677
$121K
—
2021
$127,761
$128K
+5.9%
2022
$141,952
$142K
+11.1%
2023
$141,522
$142K
-0.3%
2024
$154,037
$154K
+8.8%
2025
$157,871
$158K
+2.5%
2026
$174,132
$174K
+10.3%
City Comparison
Armstrong vs. National Median
🏠 Armstrong
$174,132
National Median
$410,000
At $174,132, homes in Armstrong cost 58% below the national median of $410,000. This makes Armstrong a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Armstrong?
20% Down Payment
$34,826
on $174,132
Monthly P&I
$908/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,153/mo
incl. taxes & insurance
Income Needed
$46,120
gross annual (30% rule)
10% Down Option
$17,413
+ PMI applies
Loan Amount (20% dn)
$139,306
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 Armstrong, IA?
The median home value in Armstrong is $174,132 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.3% year-over-year.
How much have home prices changed in Armstrong?
Over the past year, home values in Armstrong have increased by 10.3%. Over five years, prices have risen approximately 36.3%.
How much do I need to earn to buy a home in Armstrong?
To comfortably afford the median home price of $174,132 with a 20% down payment ($34,826) at today's rates (6.8%), you'd need a gross annual income of approximately $46,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Armstrong compare to the national average home price?
The national median home value is approximately $410,000. At $174,132, homes in Armstrong are 58% below the national average.