Market Overview
Home Prices in Fostoria, IA
The median home value in Fostoria, IA is $158,044 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and up 9.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fostoria are priced61% below average. Fostoria is part of the Spencer, IA metro area.
Over the past five years, Fostoria home values have risen by approximately25.9%, reflecting strong long-term appreciation in this market.
Price History
Fostoria Home Price Trend
City Comparison
Fostoria vs. National Median
At $158,044, homes in Fostoria cost 61% below the national median of $410,000. This makes Fostoria a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fostoria?
20% Down Payment
$31,609
on $158,044
Monthly P&I
$824/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,046/mo
incl. taxes & insurance
Income Needed
$41,840
gross annual (30% rule)
10% Down Option
$15,804
+ PMI applies
Loan Amount (20% dn)
$126,435
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 Fostoria, IA?
The median home value in Fostoria is $158,044 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 Fostoria?
Over the past year, home values in Fostoria have increased by 3.7%. Over five years, prices have risen approximately 25.9%.
How much do I need to earn to buy a home in Fostoria?
To comfortably afford the median home price of $158,044 with a 20% down payment ($31,609) at today's rates (6.8%), you'd need a gross annual income of approximately $41,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Fostoria compare to the national average home price?
The national median home value is approximately $410,000. At $158,044, homes in Fostoria are 61% below the national average.
What metro area is Fostoria part of?
Fostoria is part of the Spencer, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.