Market Overview
Home Prices in Farnhamville, IA
The median home value in Farnhamville, IA is $142,474 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.2% compared to a year ago and up 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Farnhamville are priced65% below average.
Over the past five years, Farnhamville home values have risen by approximately39.7%, reflecting strong long-term appreciation in this market.
Price History
Farnhamville Home Price Trend
2020
$92,516
$93K
—
2021
$101,979
$102K
+10.2%
2022
$117,055
$117K
+14.8%
2023
$117,245
$117K
+0.2%
2024
$126,824
$127K
+8.2%
2025
$131,733
$132K
+3.9%
2026
$142,474
$142K
+8.2%
City Comparison
Farnhamville vs. National Median
🏠 Farnhamville
$142,474
National Median
$410,000
At $142,474, homes in Farnhamville cost 65% below the national median of $410,000. This makes Farnhamville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Farnhamville?
20% Down Payment
$28,495
on $142,474
Monthly P&I
$743/mo
30-yr @ 6.8%
Total Monthly Est.
~$944/mo
incl. taxes & insurance
Income Needed
$37,760
gross annual (30% rule)
10% Down Option
$14,247
+ PMI applies
Loan Amount (20% dn)
$113,979
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 Farnhamville, IA?
The median home value in Farnhamville is $142,474 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.2% year-over-year.
How much have home prices changed in Farnhamville?
Over the past year, home values in Farnhamville have increased by 8.2%. Over five years, prices have risen approximately 39.7%.
How much do I need to earn to buy a home in Farnhamville?
To comfortably afford the median home price of $142,474 with a 20% down payment ($28,495) at today's rates (6.8%), you'd need a gross annual income of approximately $37,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Farnhamville compare to the national average home price?
The national median home value is approximately $410,000. At $142,474, homes in Farnhamville are 65% below the national average.