Market Overview
Home Prices in Barnum, IA
The median home value in Barnum, IA is $216,454 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.5% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Barnum are priced47% below average. Barnum is part of the Fort Dodge, IA metro area.
Over the past five years, Barnum home values have risen by approximately27.9%, reflecting strong long-term appreciation in this market.
Price History
Barnum Home Price Trend
City Comparison
Barnum vs. National Median
At $216,454, homes in Barnum cost 47% below the national median of $410,000. This makes Barnum a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Barnum?
20% Down Payment
$43,291
on $216,454
Monthly P&I
$1,129/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,434/mo
incl. taxes & insurance
Income Needed
$57,360
gross annual (30% rule)
10% Down Option
$21,645
+ PMI applies
Loan Amount (20% dn)
$173,163
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 Barnum, IA?
The median home value in Barnum is $216,454 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.5% year-over-year.
How much have home prices changed in Barnum?
Over the past year, home values in Barnum have increased by 6.5%. Over five years, prices have risen approximately 27.9%.
How much do I need to earn to buy a home in Barnum?
To comfortably afford the median home price of $216,454 with a 20% down payment ($43,291) at today's rates (6.8%), you'd need a gross annual income of approximately $57,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Barnum compare to the national average home price?
The national median home value is approximately $410,000. At $216,454, homes in Barnum are 47% below the national average.
What metro area is Barnum part of?
Barnum is part of the Fort Dodge, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.