Market Overview
Home Prices in Belmond, IA
The median home value in Belmond, IA is $151,821 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.4% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Belmond are priced63% below average.
Price History
Belmond Home Price Trend
2022
$135,806
$136K
—
2023
$135,302
$135K
-0.4%
2024
$141,203
$141K
+4.4%
2025
$148,324
$148K
+5.0%
2026
$151,821
$152K
+2.4%
City Comparison
Belmond vs. National Median
🏠 Belmond
$151,821
National Median
$410,000
At $151,821, homes in Belmond cost 63% below the national median of $410,000. This makes Belmond a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Belmond?
20% Down Payment
$30,364
on $151,821
Monthly P&I
$792/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,006/mo
incl. taxes & insurance
Income Needed
$40,240
gross annual (30% rule)
10% Down Option
$15,182
+ PMI applies
Loan Amount (20% dn)
$121,457
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 Belmond, IA?
The median home value in Belmond is $151,821 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.4% year-over-year.
How much have home prices changed in Belmond?
Over the past year, home values in Belmond have increased by 2.4%.
How much do I need to earn to buy a home in Belmond?
To comfortably afford the median home price of $151,821 with a 20% down payment ($30,364) at today's rates (6.8%), you'd need a gross annual income of approximately $40,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Belmond compare to the national average home price?
The national median home value is approximately $410,000. At $151,821, homes in Belmond are 63% below the national average.