Market Overview
Home Prices in Fonda, IA
The median home value in Fonda, IA is $116,997 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.5% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fonda are priced71% below average.
Price History
Fonda Home Price Trend
2022
$111,445
$111K
—
2023
$102,340
$102K
-8.2%
2024
$116,078
$116K
+13.4%
2025
$118,747
$119K
+2.3%
2026
$116,997
$117K
-1.5%
City Comparison
Fonda vs. National Median
🏠 Fonda
$116,997
National Median
$410,000
At $116,997, homes in Fonda cost 71% below the national median of $410,000. This makes Fonda a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fonda?
20% Down Payment
$23,399
on $116,997
Monthly P&I
$610/mo
30-yr @ 6.8%
Total Monthly Est.
~$775/mo
incl. taxes & insurance
Income Needed
$31,000
gross annual (30% rule)
10% Down Option
$11,700
+ PMI applies
Loan Amount (20% dn)
$93,598
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 Fonda, IA?
The median home value in Fonda is $116,997 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.5% year-over-year.
How much have home prices changed in Fonda?
Over the past year, home values in Fonda have decreased by 1.5%.
How much do I need to earn to buy a home in Fonda?
To comfortably afford the median home price of $116,997 with a 20% down payment ($23,399) at today's rates (6.8%), you'd need a gross annual income of approximately $31,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Fonda compare to the national average home price?
The national median home value is approximately $410,000. At $116,997, homes in Fonda are 71% below the national average.