Market Overview
Home Prices in Blanchard, IA
The median home value in Blanchard, IA is $202,222 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.7% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Blanchard are priced51% below average.
Price History
Blanchard Home Price Trend
2024
$183,749
$184K
—
2025
$189,602
$190K
+3.2%
2026
$202,222
$202K
+6.7%
City Comparison
Blanchard vs. National Median
🏠 Blanchard
$202,222
National Median
$410,000
At $202,222, homes in Blanchard cost 51% below the national median of $410,000. This makes Blanchard a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Blanchard?
20% Down Payment
$40,444
on $202,222
Monthly P&I
$1,055/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,340/mo
incl. taxes & insurance
Income Needed
$53,600
gross annual (30% rule)
10% Down Option
$20,222
+ PMI applies
Loan Amount (20% dn)
$161,778
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 Blanchard, IA?
The median home value in Blanchard is $202,222 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.7% year-over-year.
How much have home prices changed in Blanchard?
Over the past year, home values in Blanchard have increased by 6.7%.
How much do I need to earn to buy a home in Blanchard?
To comfortably afford the median home price of $202,222 with a 20% down payment ($40,444) at today's rates (6.8%), you'd need a gross annual income of approximately $53,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Blanchard compare to the national average home price?
The national median home value is approximately $410,000. At $202,222, homes in Blanchard are 51% below the national average.