Market Overview
Home Prices in Coon Rapids, IA
The median home value in Coon Rapids, IA is $185,820 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.4% compared to a year ago and up 6.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Coon Rapids are priced55% below average. Coon Rapids is part of the Carroll, IA metro area.
Over the past five years, Coon Rapids home values have risen by approximately48.5%, reflecting strong long-term appreciation in this market.
Price History
Coon Rapids Home Price Trend
City Comparison
Coon Rapids vs. National Median
At $185,820, homes in Coon Rapids cost 55% below the national median of $410,000. This makes Coon Rapids a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Coon Rapids?
20% Down Payment
$37,164
on $185,820
Monthly P&I
$969/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,231/mo
incl. taxes & insurance
Income Needed
$49,240
gross annual (30% rule)
10% Down Option
$18,582
+ PMI applies
Loan Amount (20% dn)
$148,656
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 Coon Rapids, IA?
The median home value in Coon Rapids is $185,820 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.4% year-over-year.
How much have home prices changed in Coon Rapids?
Over the past year, home values in Coon Rapids have increased by 7.4%. Over five years, prices have risen approximately 48.5%.
How much do I need to earn to buy a home in Coon Rapids?
To comfortably afford the median home price of $185,820 with a 20% down payment ($37,164) at today's rates (6.8%), you'd need a gross annual income of approximately $49,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Coon Rapids compare to the national average home price?
The national median home value is approximately $410,000. At $185,820, homes in Coon Rapids are 55% below the national average.
What metro area is Coon Rapids part of?
Coon Rapids is part of the Carroll, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.