Market Overview
Home Prices in Goose Lake, IA
The median home value in Goose Lake, IA is $293,301 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.5% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Goose Lake are priced28% below average. Goose Lake is part of the Clinton, IA metro area.
Over the past five years, Goose Lake home values have risen by approximately28.6%, reflecting strong long-term appreciation in this market.
Price History
Goose Lake Home Price Trend
City Comparison
Goose Lake vs. National Median
At $293,301, homes in Goose Lake cost 28% below the national median of $410,000. This makes Goose Lake a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Goose Lake?
20% Down Payment
$58,660
on $293,301
Monthly P&I
$1,530/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,943/mo
incl. taxes & insurance
Income Needed
$77,720
gross annual (30% rule)
10% Down Option
$29,330
+ PMI applies
Loan Amount (20% dn)
$234,641
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 Goose Lake, IA?
The median home value in Goose Lake is $293,301 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.5% year-over-year.
How much have home prices changed in Goose Lake?
Over the past year, home values in Goose Lake have increased by 7.5%. Over five years, prices have risen approximately 28.6%.
How much do I need to earn to buy a home in Goose Lake?
To comfortably afford the median home price of $293,301 with a 20% down payment ($58,660) at today's rates (6.8%), you'd need a gross annual income of approximately $77,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Goose Lake compare to the national average home price?
The national median home value is approximately $410,000. At $293,301, homes in Goose Lake are 28% below the national average.
What metro area is Goose Lake part of?
Goose Lake is part of the Clinton, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.