Market Overview
Home Prices in Lakota, IA
The median home value in Lakota, IA is $133,785 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.4% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lakota are priced67% below average.
Price History
Lakota Home Price Trend
2022
$106,581
$107K
—
2023
$110,205
$110K
+3.4%
2024
$125,114
$125K
+13.5%
2025
$125,738
$126K
+0.5%
2026
$133,785
$134K
+6.4%
City Comparison
Lakota vs. National Median
🏠 Lakota
$133,785
National Median
$410,000
At $133,785, homes in Lakota cost 67% below the national median of $410,000. This makes Lakota a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lakota?
20% Down Payment
$26,757
on $133,785
Monthly P&I
$698/mo
30-yr @ 6.8%
Total Monthly Est.
~$886/mo
incl. taxes & insurance
Income Needed
$35,440
gross annual (30% rule)
10% Down Option
$13,379
+ PMI applies
Loan Amount (20% dn)
$107,028
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 Lakota, IA?
The median home value in Lakota is $133,785 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.4% year-over-year.
How much have home prices changed in Lakota?
Over the past year, home values in Lakota have increased by 6.4%.
How much do I need to earn to buy a home in Lakota?
To comfortably afford the median home price of $133,785 with a 20% down payment ($26,757) at today's rates (6.8%), you'd need a gross annual income of approximately $35,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Lakota compare to the national average home price?
The national median home value is approximately $410,000. At $133,785, homes in Lakota are 67% below the national average.