Market Overview
Home Prices in Farmersburg, IA
The median home value in Farmersburg, IA is $291,415 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 16.1% 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 Farmersburg are priced29% below average.
Over the past five years, Farmersburg home values have risen by approximately50.7%, reflecting strong long-term appreciation in this market.
Price History
Farmersburg Home Price Trend
2020
$164,803
$165K
—
2021
$193,363
$193K
+17.3%
2022
$221,537
$222K
+14.6%
2023
$228,555
$229K
+3.2%
2024
$233,843
$234K
+2.3%
2025
$250,995
$251K
+7.3%
2026
$291,415
$291K
+16.1%
City Comparison
Farmersburg vs. National Median
🏠 Farmersburg
$291,415
National Median
$410,000
At $291,415, homes in Farmersburg cost 29% below the national median of $410,000. This makes Farmersburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Farmersburg?
20% Down Payment
$58,283
on $291,415
Monthly P&I
$1,520/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,930/mo
incl. taxes & insurance
Income Needed
$77,200
gross annual (30% rule)
10% Down Option
$29,142
+ PMI applies
Loan Amount (20% dn)
$233,132
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 Farmersburg, IA?
The median home value in Farmersburg is $291,415 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 16.1% year-over-year.
How much have home prices changed in Farmersburg?
Over the past year, home values in Farmersburg have increased by 16.1%. Over five years, prices have risen approximately 50.7%.
How much do I need to earn to buy a home in Farmersburg?
To comfortably afford the median home price of $291,415 with a 20% down payment ($58,283) at today's rates (6.8%), you'd need a gross annual income of approximately $77,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Farmersburg compare to the national average home price?
The national median home value is approximately $410,000. At $291,415, homes in Farmersburg are 29% below the national average.