Market Overview
Home Prices in Hedrick, IA
The median home value in Hedrick, IA is $87,285 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.8% compared to a year ago and down 4.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hedrick are priced79% below average.
Over the past five years, Hedrick home values have risen by approximately19.3%, reflecting steady appreciation in this market.
Price History
Hedrick Home Price Trend
2020
$61,925
$62K
—
2021
$73,154
$73K
+18.1%
2022
$78,591
$79K
+7.4%
2023
$82,758
$83K
+5.3%
2024
$90,031
$90K
+8.8%
2025
$85,750
$86K
-4.8%
2026
$87,285
$87K
+1.8%
City Comparison
Hedrick vs. National Median
🏠 Hedrick
$87,285
National Median
$410,000
At $87,285, homes in Hedrick cost 79% below the national median of $410,000. This makes Hedrick a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hedrick?
20% Down Payment
$17,457
on $87,285
Monthly P&I
$455/mo
30-yr @ 6.8%
Total Monthly Est.
~$578/mo
incl. taxes & insurance
Income Needed
$23,120
gross annual (30% rule)
10% Down Option
$8,729
+ PMI applies
Loan Amount (20% dn)
$69,828
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 Hedrick, IA?
The median home value in Hedrick is $87,285 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.8% year-over-year.
How much have home prices changed in Hedrick?
Over the past year, home values in Hedrick have increased by 1.8%. Over five years, prices have risen approximately 19.3%.
How much do I need to earn to buy a home in Hedrick?
To comfortably afford the median home price of $87,285 with a 20% down payment ($17,457) at today's rates (6.8%), you'd need a gross annual income of approximately $23,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Hedrick compare to the national average home price?
The national median home value is approximately $410,000. At $87,285, homes in Hedrick are 79% below the national average.