Market Overview
Home Prices in Klemme, IA
The median home value in Klemme, IA is $117,240 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.5% compared to a year ago and up 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Klemme are priced71% below average. Klemme is part of the Mason City, IA metro area.
Over the past five years, Klemme home values have risen by approximately54.7%, reflecting strong long-term appreciation in this market.
Price History
Klemme Home Price Trend
City Comparison
Klemme vs. National Median
At $117,240, homes in Klemme cost 71% below the national median of $410,000. This makes Klemme a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Klemme?
20% Down Payment
$23,448
on $117,240
Monthly P&I
$611/mo
30-yr @ 6.8%
Total Monthly Est.
~$776/mo
incl. taxes & insurance
Income Needed
$31,040
gross annual (30% rule)
10% Down Option
$11,724
+ PMI applies
Loan Amount (20% dn)
$93,792
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 Klemme, IA?
The median home value in Klemme is $117,240 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.5% year-over-year.
How much have home prices changed in Klemme?
Over the past year, home values in Klemme have increased by 0.5%. Over five years, prices have risen approximately 54.7%.
How much do I need to earn to buy a home in Klemme?
To comfortably afford the median home price of $117,240 with a 20% down payment ($23,448) at today's rates (6.8%), you'd need a gross annual income of approximately $31,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Klemme compare to the national average home price?
The national median home value is approximately $410,000. At $117,240, homes in Klemme are 71% below the national average.
What metro area is Klemme part of?
Klemme is part of the Mason City, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.