Market Overview
Home Prices in Kalona, IA
The median home value in Kalona, IA is $326,168 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 3.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Kalona are priced20% below average. Kalona is part of the Iowa City, IA metro area.
Over the past five years, Kalona home values have risen by approximately26.9%, reflecting strong long-term appreciation in this market.
Price History
Kalona Home Price Trend
City Comparison
Kalona vs. National Median
At $326,168, homes in Kalona cost 20% below the national median of $410,000. This makes Kalona a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Kalona?
20% Down Payment
$65,234
on $326,168
Monthly P&I
$1,701/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,160/mo
incl. taxes & insurance
Income Needed
$86,400
gross annual (30% rule)
10% Down Option
$32,617
+ PMI applies
Loan Amount (20% dn)
$260,934
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 Kalona, IA?
The median home value in Kalona is $326,168 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 Kalona?
Over the past year, home values in Kalona have increased by 3.6%. Over five years, prices have risen approximately 26.9%.
How much do I need to earn to buy a home in Kalona?
To comfortably afford the median home price of $326,168 with a 20% down payment ($65,234) at today's rates (6.8%), you'd need a gross annual income of approximately $86,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Kalona compare to the national average home price?
The national median home value is approximately $410,000. At $326,168, homes in Kalona are 20% below the national average.
What metro area is Kalona part of?
Kalona is part of the Iowa City, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.