Market Overview
Home Prices in Brandon, IA
The median home value in Brandon, IA is $239,252 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.4% compared to a year ago and up 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Brandon are priced42% below average.
Over the past five years, Brandon home values have risen by approximately45.3%, reflecting strong long-term appreciation in this market.
Price History
Brandon Home Price Trend
2020
$145,816
$146K
—
2021
$164,609
$165K
+12.9%
2022
$192,978
$193K
+17.2%
2023
$195,289
$195K
+1.2%
2024
$205,399
$205K
+5.2%
2025
$216,655
$217K
+5.5%
2026
$239,252
$239K
+10.4%
City Comparison
Brandon vs. National Median
🏠 Brandon
$239,252
National Median
$410,000
At $239,252, homes in Brandon cost 42% below the national median of $410,000. This makes Brandon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Brandon?
20% Down Payment
$47,850
on $239,252
Monthly P&I
$1,248/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,585/mo
incl. taxes & insurance
Income Needed
$63,400
gross annual (30% rule)
10% Down Option
$23,925
+ PMI applies
Loan Amount (20% dn)
$191,402
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 Brandon, IA?
The median home value in Brandon is $239,252 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.4% year-over-year.
How much have home prices changed in Brandon?
Over the past year, home values in Brandon have increased by 10.4%. Over five years, prices have risen approximately 45.3%.
How much do I need to earn to buy a home in Brandon?
To comfortably afford the median home price of $239,252 with a 20% down payment ($47,850) at today's rates (6.8%), you'd need a gross annual income of approximately $63,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Brandon compare to the national average home price?
The national median home value is approximately $410,000. At $239,252, homes in Brandon are 42% below the national average.