Market Overview
Home Prices in Blue Grass, IA
The median home value in Blue Grass, IA is $361,362 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and up 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Blue Grass are priced12% below average. Blue Grass is part of the Davenport-Moline-Rock Island, IA-IL metro area.
Over the past five years, Blue Grass home values have risen by approximately28.7%, reflecting strong long-term appreciation in this market.
Price History
Blue Grass Home Price Trend
City Comparison
Blue Grass vs. National Median
At $361,362, homes in Blue Grass cost 12% below the national median of $410,000. This makes Blue Grass a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Blue Grass?
20% Down Payment
$72,272
on $361,362
Monthly P&I
$1,885/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,394/mo
incl. taxes & insurance
Income Needed
$95,760
gross annual (30% rule)
10% Down Option
$36,136
+ PMI applies
Loan Amount (20% dn)
$289,090
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 Blue Grass, IA?
The median home value in Blue Grass is $361,362 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Blue Grass?
Over the past year, home values in Blue Grass have increased by 6.1%. Over five years, prices have risen approximately 28.7%.
How much do I need to earn to buy a home in Blue Grass?
To comfortably afford the median home price of $361,362 with a 20% down payment ($72,272) at today's rates (6.8%), you'd need a gross annual income of approximately $95,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Blue Grass compare to the national average home price?
The national median home value is approximately $410,000. At $361,362, homes in Blue Grass are 12% below the national average.
What metro area is Blue Grass part of?
Blue Grass is part of the Davenport-Moline-Rock Island, IA-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.