Market Overview
Home Prices in Lambs Grove, IA
The median home value in Lambs Grove, IA is $255,978 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.4% compared to a year ago and up 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lambs Grove are priced38% below average. Lambs Grove is part of the Des Moines-West Des Moines, IA metro area.
Over the past five years, Lambs Grove home values have risen by approximately39.5%, reflecting strong long-term appreciation in this market.
Price History
Lambs Grove Home Price Trend
City Comparison
Lambs Grove vs. National Median
At $255,978, homes in Lambs Grove cost 38% below the national median of $410,000. This makes Lambs Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lambs Grove?
20% Down Payment
$51,196
on $255,978
Monthly P&I
$1,335/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,695/mo
incl. taxes & insurance
Income Needed
$67,800
gross annual (30% rule)
10% Down Option
$25,598
+ PMI applies
Loan Amount (20% dn)
$204,782
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 Lambs Grove, IA?
The median home value in Lambs Grove is $255,978 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.4% year-over-year.
How much have home prices changed in Lambs Grove?
Over the past year, home values in Lambs Grove have increased by 8.4%. Over five years, prices have risen approximately 39.5%.
How much do I need to earn to buy a home in Lambs Grove?
To comfortably afford the median home price of $255,978 with a 20% down payment ($51,196) at today's rates (6.8%), you'd need a gross annual income of approximately $67,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Lambs Grove compare to the national average home price?
The national median home value is approximately $410,000. At $255,978, homes in Lambs Grove are 38% below the national average.
What metro area is Lambs Grove part of?
Lambs Grove is part of the Des Moines-West Des Moines, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.