Market Overview
Home Prices in Eldora, IA
The median home value in Eldora, IA is $105,918 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.5% compared to a year ago and down 4.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Eldora are priced74% below average.
Over the past five years, Eldora home values have risen by approximately17.7%, reflecting steady appreciation in this market.
Price History
Eldora Home Price Trend
2020
$76,249
$76K
—
2021
$90,013
$90K
+18.1%
2022
$96,781
$97K
+7.5%
2023
$100,777
$101K
+4.1%
2024
$114,005
$114K
+13.1%
2025
$108,631
$109K
-4.7%
2026
$105,918
$106K
-2.5%
City Comparison
Eldora vs. National Median
🏠 Eldora
$105,918
National Median
$410,000
At $105,918, homes in Eldora cost 74% below the national median of $410,000. This makes Eldora a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Eldora?
20% Down Payment
$21,184
on $105,918
Monthly P&I
$552/mo
30-yr @ 6.8%
Total Monthly Est.
~$701/mo
incl. taxes & insurance
Income Needed
$28,040
gross annual (30% rule)
10% Down Option
$10,592
+ PMI applies
Loan Amount (20% dn)
$84,734
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 Eldora, IA?
The median home value in Eldora is $105,918 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.5% year-over-year.
How much have home prices changed in Eldora?
Over the past year, home values in Eldora have decreased by 2.5%. Over five years, prices have risen approximately 17.7%.
How much do I need to earn to buy a home in Eldora?
To comfortably afford the median home price of $105,918 with a 20% down payment ($21,184) at today's rates (6.8%), you'd need a gross annual income of approximately $28,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Eldora compare to the national average home price?
The national median home value is approximately $410,000. At $105,918, homes in Eldora are 74% below the national average.