Market Overview
Home Prices in Garwin, IA
The median home value in Garwin, IA is $170,779 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.1% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Garwin are priced58% below average.
Over the past five years, Garwin home values have risen by approximately22.6%, reflecting strong long-term appreciation in this market.
Price History
Garwin Home Price Trend
2020
$118,404
$118K
—
2021
$139,331
$139K
+17.7%
2022
$157,014
$157K
+12.7%
2023
$158,381
$158K
+0.9%
2024
$162,715
$163K
+2.7%
2025
$165,588
$166K
+1.8%
2026
$170,779
$171K
+3.1%
City Comparison
Garwin vs. National Median
🏠 Garwin
$170,779
National Median
$410,000
At $170,779, homes in Garwin cost 58% below the national median of $410,000. This makes Garwin a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Garwin?
20% Down Payment
$34,156
on $170,779
Monthly P&I
$891/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,132/mo
incl. taxes & insurance
Income Needed
$45,280
gross annual (30% rule)
10% Down Option
$17,078
+ PMI applies
Loan Amount (20% dn)
$136,623
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 Garwin, IA?
The median home value in Garwin is $170,779 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.1% year-over-year.
How much have home prices changed in Garwin?
Over the past year, home values in Garwin have increased by 3.1%. Over five years, prices have risen approximately 22.6%.
How much do I need to earn to buy a home in Garwin?
To comfortably afford the median home price of $170,779 with a 20% down payment ($34,156) at today's rates (6.8%), you'd need a gross annual income of approximately $45,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Garwin compare to the national average home price?
The national median home value is approximately $410,000. At $170,779, homes in Garwin are 58% below the national average.