Market Overview
Home Prices in Deep River, IA
The median home value in Deep River, IA is $235,514 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.2% compared to a year ago and up 7.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Deep River are priced43% below average.
Over the past five years, Deep River home values have risen by approximately47.7%, reflecting strong long-term appreciation in this market.
Price History
Deep River Home Price Trend
2020
$141,495
$141K
—
2021
$159,501
$160K
+12.7%
2022
$182,152
$182K
+14.2%
2023
$190,344
$190K
+4.5%
2024
$197,437
$197K
+3.7%
2025
$211,811
$212K
+7.3%
2026
$235,514
$236K
+11.2%
City Comparison
Deep River vs. National Median
🏠 Deep River
$235,514
National Median
$410,000
At $235,514, homes in Deep River cost 43% below the national median of $410,000. This makes Deep River a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Deep River?
20% Down Payment
$47,103
on $235,514
Monthly P&I
$1,228/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,560/mo
incl. taxes & insurance
Income Needed
$62,400
gross annual (30% rule)
10% Down Option
$23,551
+ PMI applies
Loan Amount (20% dn)
$188,411
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 Deep River, IA?
The median home value in Deep River is $235,514 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.2% year-over-year.
How much have home prices changed in Deep River?
Over the past year, home values in Deep River have increased by 11.2%. Over five years, prices have risen approximately 47.7%.
How much do I need to earn to buy a home in Deep River?
To comfortably afford the median home price of $235,514 with a 20% down payment ($47,103) at today's rates (6.8%), you'd need a gross annual income of approximately $62,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Deep River compare to the national average home price?
The national median home value is approximately $410,000. At $235,514, homes in Deep River are 43% below the national average.