Market Overview
Home Prices in Lacona, IA
The median home value in Lacona, IA is $314,579 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lacona are priced23% below average. Lacona is part of the Des Moines-West Des Moines, IA metro area.
Over the past five years, Lacona home values have risen by approximately36.7%, reflecting strong long-term appreciation in this market.
Price History
Lacona Home Price Trend
City Comparison
Lacona vs. National Median
At $314,579, homes in Lacona cost 23% below the national median of $410,000. This makes Lacona a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lacona?
20% Down Payment
$62,916
on $314,579
Monthly P&I
$1,641/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,084/mo
incl. taxes & insurance
Income Needed
$83,360
gross annual (30% rule)
10% Down Option
$31,458
+ PMI applies
Loan Amount (20% dn)
$251,663
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 Lacona, IA?
The median home value in Lacona is $314,579 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6% year-over-year.
How much have home prices changed in Lacona?
Over the past year, home values in Lacona have increased by 6%. Over five years, prices have risen approximately 36.7%.
How much do I need to earn to buy a home in Lacona?
To comfortably afford the median home price of $314,579 with a 20% down payment ($62,916) at today's rates (6.8%), you'd need a gross annual income of approximately $83,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Lacona compare to the national average home price?
The national median home value is approximately $410,000. At $314,579, homes in Lacona are 23% below the national average.
What metro area is Lacona part of?
Lacona is part of the Des Moines-West Des Moines, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.