Market Overview
Home Prices in Irwin, IA
The median home value in Irwin, IA is $150,508 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% 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 Irwin are priced63% below average.
Over the past five years, Irwin home values have risen by approximately29.5%, reflecting strong long-term appreciation in this market.
Price History
Irwin Home Price Trend
2020
$101,579
$102K
—
2021
$116,263
$116K
+14.5%
2022
$128,470
$128K
+10.5%
2023
$130,200
$130K
+1.3%
2024
$142,612
$143K
+9.5%
2025
$145,238
$145K
+1.8%
2026
$150,508
$151K
+3.6%
City Comparison
Irwin vs. National Median
🏠 Irwin
$150,508
National Median
$410,000
At $150,508, homes in Irwin cost 63% below the national median of $410,000. This makes Irwin a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Irwin?
20% Down Payment
$30,102
on $150,508
Monthly P&I
$785/mo
30-yr @ 6.8%
Total Monthly Est.
~$997/mo
incl. taxes & insurance
Income Needed
$39,880
gross annual (30% rule)
10% Down Option
$15,051
+ PMI applies
Loan Amount (20% dn)
$120,406
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 Irwin, IA?
The median home value in Irwin is $150,508 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Irwin?
Over the past year, home values in Irwin have increased by 3.6%. Over five years, prices have risen approximately 29.5%.
How much do I need to earn to buy a home in Irwin?
To comfortably afford the median home price of $150,508 with a 20% down payment ($30,102) at today's rates (6.8%), you'd need a gross annual income of approximately $39,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Irwin compare to the national average home price?
The national median home value is approximately $410,000. At $150,508, homes in Irwin are 63% below the national average.