Market Overview
Home Prices in Hiawatha, IA
The median home value in Hiawatha, IA is $265,459 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hiawatha are priced35% below average. Hiawatha is part of the Cedar Rapids, IA metro area.
Over the past five years, Hiawatha home values have risen by approximately28.7%, reflecting strong long-term appreciation in this market.
Price History
Hiawatha Home Price Trend
City Comparison
Hiawatha vs. National Median
At $265,459, homes in Hiawatha cost 35% below the national median of $410,000. This makes Hiawatha a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hiawatha?
20% Down Payment
$53,092
on $265,459
Monthly P&I
$1,384/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,758/mo
incl. taxes & insurance
Income Needed
$70,320
gross annual (30% rule)
10% Down Option
$26,546
+ PMI applies
Loan Amount (20% dn)
$212,367
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 Hiawatha, IA?
The median home value in Hiawatha is $265,459 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in Hiawatha?
Over the past year, home values in Hiawatha have increased by 5.2%. Over five years, prices have risen approximately 28.7%.
How much do I need to earn to buy a home in Hiawatha?
To comfortably afford the median home price of $265,459 with a 20% down payment ($53,092) at today's rates (6.8%), you'd need a gross annual income of approximately $70,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Hiawatha compare to the national average home price?
The national median home value is approximately $410,000. At $265,459, homes in Hiawatha are 35% below the national average.
What metro area is Hiawatha part of?
Hiawatha is part of the Cedar Rapids, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.