Market Overview
Home Prices in Emerson, IA
The median home value in Emerson, IA is $200,771 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and down 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Emerson are priced51% below average. Emerson is part of the Omaha-Council Bluffs, NE-IA metro area.
Over the past five years, Emerson home values have risen by approximately14.8%, reflecting steady appreciation in this market.
Price History
Emerson Home Price Trend
City Comparison
Emerson vs. National Median
At $200,771, homes in Emerson cost 51% below the national median of $410,000. This makes Emerson a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Emerson?
20% Down Payment
$40,154
on $200,771
Monthly P&I
$1,047/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,330/mo
incl. taxes & insurance
Income Needed
$53,200
gross annual (30% rule)
10% Down Option
$20,077
+ PMI applies
Loan Amount (20% dn)
$160,617
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 Emerson, IA?
The median home value in Emerson is $200,771 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in Emerson?
Over the past year, home values in Emerson have increased by 3.7%. Over five years, prices have risen approximately 14.8%.
How much do I need to earn to buy a home in Emerson?
To comfortably afford the median home price of $200,771 with a 20% down payment ($40,154) at today's rates (6.8%), you'd need a gross annual income of approximately $53,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Emerson compare to the national average home price?
The national median home value is approximately $410,000. At $200,771, homes in Emerson are 51% below the national average.
What metro area is Emerson part of?
Emerson is part of the Omaha-Council Bluffs, NE-IA metropolitan area. Home prices and market conditions can vary across the broader metro region.