Market Overview
Home Prices in Farragut, IA
The median home value in Farragut, IA is $189,342 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13.6% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Farragut are priced54% below average.
Over the past five years, Farragut home values have risen by approximately52.3%, reflecting strong long-term appreciation in this market.
Price History
Farragut Home Price Trend
2020
$109,850
$110K
—
2021
$124,307
$124K
+13.2%
2022
$155,738
$156K
+25.3%
2023
$157,809
$158K
+1.3%
2024
$162,849
$163K
+3.2%
2025
$166,716
$167K
+2.4%
2026
$189,342
$189K
+13.6%
City Comparison
Farragut vs. National Median
🏠 Farragut
$189,342
National Median
$410,000
At $189,342, homes in Farragut cost 54% below the national median of $410,000. This makes Farragut a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Farragut?
20% Down Payment
$37,868
on $189,342
Monthly P&I
$987/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,253/mo
incl. taxes & insurance
Income Needed
$50,120
gross annual (30% rule)
10% Down Option
$18,934
+ PMI applies
Loan Amount (20% dn)
$151,474
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 Farragut, IA?
The median home value in Farragut is $189,342 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13.6% year-over-year.
How much have home prices changed in Farragut?
Over the past year, home values in Farragut have increased by 13.6%. Over five years, prices have risen approximately 52.3%.
How much do I need to earn to buy a home in Farragut?
To comfortably afford the median home price of $189,342 with a 20% down payment ($37,868) at today's rates (6.8%), you'd need a gross annual income of approximately $50,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Farragut compare to the national average home price?
The national median home value is approximately $410,000. At $189,342, homes in Farragut are 54% below the national average.