Market Overview
Home Prices in Charles City, IA
The median home value in Charles City, IA is $146,222 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.3% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Charles City are priced64% below average.
Over the past five years, Charles City home values have risen by approximately25.7%, reflecting strong long-term appreciation in this market.
Price History
Charles City Home Price Trend
2020
$107,955
$108K
—
2021
$116,294
$116K
+7.7%
2022
$129,699
$130K
+11.5%
2023
$130,915
$131K
+0.9%
2024
$131,448
$131K
+0.4%
2025
$134,955
$135K
+2.7%
2026
$146,222
$146K
+8.3%
City Comparison
Charles City vs. National Median
🏠 Charles City
$146,222
National Median
$410,000
At $146,222, homes in Charles City cost 64% below the national median of $410,000. This makes Charles City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Charles City?
20% Down Payment
$29,244
on $146,222
Monthly P&I
$763/mo
30-yr @ 6.8%
Total Monthly Est.
~$969/mo
incl. taxes & insurance
Income Needed
$38,760
gross annual (30% rule)
10% Down Option
$14,622
+ PMI applies
Loan Amount (20% dn)
$116,978
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 Charles City, IA?
The median home value in Charles City is $146,222 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.3% year-over-year.
How much have home prices changed in Charles City?
Over the past year, home values in Charles City have increased by 8.3%. Over five years, prices have risen approximately 25.7%.
How much do I need to earn to buy a home in Charles City?
To comfortably afford the median home price of $146,222 with a 20% down payment ($29,244) at today's rates (6.8%), you'd need a gross annual income of approximately $38,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Charles City compare to the national average home price?
The national median home value is approximately $410,000. At $146,222, homes in Charles City are 64% below the national average.