Market Overview
Home Prices in Guernsey, IA
The median home value in Guernsey, IA is $226,096 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.3% compared to a year ago and up 4.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Guernsey are priced45% below average.
Price History
Guernsey Home Price Trend
2022
$193,458
$193K
—
2023
$195,748
$196K
+1.2%
2024
$197,703
$198K
+1.0%
2025
$206,841
$207K
+4.6%
2026
$226,096
$226K
+9.3%
City Comparison
Guernsey vs. National Median
🏠 Guernsey
$226,096
National Median
$410,000
At $226,096, homes in Guernsey cost 45% below the national median of $410,000. This makes Guernsey a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Guernsey?
20% Down Payment
$45,219
on $226,096
Monthly P&I
$1,179/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,497/mo
incl. taxes & insurance
Income Needed
$59,880
gross annual (30% rule)
10% Down Option
$22,610
+ PMI applies
Loan Amount (20% dn)
$180,877
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 Guernsey, IA?
The median home value in Guernsey is $226,096 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.3% year-over-year.
How much have home prices changed in Guernsey?
Over the past year, home values in Guernsey have increased by 9.3%.
How much do I need to earn to buy a home in Guernsey?
To comfortably afford the median home price of $226,096 with a 20% down payment ($45,219) at today's rates (6.8%), you'd need a gross annual income of approximately $59,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Guernsey compare to the national average home price?
The national median home value is approximately $410,000. At $226,096, homes in Guernsey are 45% below the national average.