Market Overview
Home Prices in Bussey, IA
The median home value in Bussey, IA is $98,920 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 11% compared to a year ago and down 8.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bussey are priced76% below average. Bussey is part of the Pella, IA metro area.
Over the past five years, Bussey home values have fallen by approximately23.1%, reflecting softening conditions in this market.
Price History
Bussey Home Price Trend
City Comparison
Bussey vs. National Median
At $98,920, homes in Bussey cost 76% below the national median of $410,000. This makes Bussey a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bussey?
20% Down Payment
$19,784
on $98,920
Monthly P&I
$516/mo
30-yr @ 6.8%
Total Monthly Est.
~$655/mo
incl. taxes & insurance
Income Needed
$26,200
gross annual (30% rule)
10% Down Option
$9,892
+ PMI applies
Loan Amount (20% dn)
$79,136
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 Bussey, IA?
The median home value in Bussey is $98,920 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 11% year-over-year.
How much have home prices changed in Bussey?
Over the past year, home values in Bussey have decreased by 11%. Over five years, prices have fallen approximately 23.1%.
How much do I need to earn to buy a home in Bussey?
To comfortably afford the median home price of $98,920 with a 20% down payment ($19,784) at today's rates (6.8%), you'd need a gross annual income of approximately $26,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Bussey compare to the national average home price?
The national median home value is approximately $410,000. At $98,920, homes in Bussey are 76% below the national average.
What metro area is Bussey part of?
Bussey is part of the Pella, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.