Market Overview
Home Prices in Brooklyn, IA
The median home value in Brooklyn, IA is $205,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.8% compared to a year ago and up 8.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Brooklyn are priced50% below average.
Over the past five years, Brooklyn home values have risen by approximately37.4%, reflecting strong long-term appreciation in this market.
Price History
Brooklyn Home Price Trend
2020
$127,033
$127K
—
2021
$149,240
$149K
+17.5%
2022
$176,105
$176K
+18.0%
2023
$173,349
$173K
-1.6%
2024
$176,406
$176K
+1.8%
2025
$192,021
$192K
+8.9%
2026
$205,017
$205K
+6.8%
City Comparison
Brooklyn vs. National Median
🏠 Brooklyn
$205,017
National Median
$410,000
At $205,017, homes in Brooklyn cost 50% below the national median of $410,000. This makes Brooklyn a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Brooklyn?
20% Down Payment
$41,003
on $205,017
Monthly P&I
$1,069/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,358/mo
incl. taxes & insurance
Income Needed
$54,320
gross annual (30% rule)
10% Down Option
$20,502
+ PMI applies
Loan Amount (20% dn)
$164,014
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 Brooklyn, IA?
The median home value in Brooklyn is $205,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.8% year-over-year.
How much have home prices changed in Brooklyn?
Over the past year, home values in Brooklyn have increased by 6.8%. Over five years, prices have risen approximately 37.4%.
How much do I need to earn to buy a home in Brooklyn?
To comfortably afford the median home price of $205,017 with a 20% down payment ($41,003) at today's rates (6.8%), you'd need a gross annual income of approximately $54,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Brooklyn compare to the national average home price?
The national median home value is approximately $410,000. At $205,017, homes in Brooklyn are 50% below the national average.