Market Overview
Home Prices in Eldridge, IA
The median home value in Eldridge, IA is $360,258 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Eldridge are priced12% below average. Eldridge is part of the Davenport-Moline-Rock Island, IA-IL metro area.
Over the past five years, Eldridge home values have risen by approximately25.5%, reflecting strong long-term appreciation in this market.
Price History
Eldridge Home Price Trend
City Comparison
Eldridge vs. National Median
At $360,258, homes in Eldridge cost 12% below the national median of $410,000. This makes Eldridge a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Eldridge?
20% Down Payment
$72,052
on $360,258
Monthly P&I
$1,879/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,386/mo
incl. taxes & insurance
Income Needed
$95,440
gross annual (30% rule)
10% Down Option
$36,026
+ PMI applies
Loan Amount (20% dn)
$288,206
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 Eldridge, IA?
The median home value in Eldridge is $360,258 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Eldridge?
Over the past year, home values in Eldridge have increased by 5%. Over five years, prices have risen approximately 25.5%.
How much do I need to earn to buy a home in Eldridge?
To comfortably afford the median home price of $360,258 with a 20% down payment ($72,052) at today's rates (6.8%), you'd need a gross annual income of approximately $95,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Eldridge compare to the national average home price?
The national median home value is approximately $410,000. At $360,258, homes in Eldridge are 12% below the national average.
What metro area is Eldridge part of?
Eldridge is part of the Davenport-Moline-Rock Island, IA-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.