Market Overview
Home Prices in Lamoni, IA
The median home value in Lamoni, IA is $167,441 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.7% compared to a year ago and down 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lamoni are priced59% below average.
Over the past five years, Lamoni home values have risen by approximately15.1%, reflecting steady appreciation in this market.
Price History
Lamoni Home Price Trend
2020
$140,897
$141K
—
2021
$145,523
$146K
+3.3%
2022
$164,988
$165K
+13.4%
2023
$156,288
$156K
-5.3%
2024
$149,974
$150K
-4.0%
2025
$149,892
$150K
-0.1%
2026
$167,441
$167K
+11.7%
City Comparison
Lamoni vs. National Median
🏠 Lamoni
$167,441
National Median
$410,000
At $167,441, homes in Lamoni cost 59% below the national median of $410,000. This makes Lamoni a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lamoni?
20% Down Payment
$33,488
on $167,441
Monthly P&I
$873/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,109/mo
incl. taxes & insurance
Income Needed
$44,360
gross annual (30% rule)
10% Down Option
$16,744
+ PMI applies
Loan Amount (20% dn)
$133,953
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 Lamoni, IA?
The median home value in Lamoni is $167,441 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.7% year-over-year.
How much have home prices changed in Lamoni?
Over the past year, home values in Lamoni have increased by 11.7%. Over five years, prices have risen approximately 15.1%.
How much do I need to earn to buy a home in Lamoni?
To comfortably afford the median home price of $167,441 with a 20% down payment ($33,488) at today's rates (6.8%), you'd need a gross annual income of approximately $44,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Lamoni compare to the national average home price?
The national median home value is approximately $410,000. At $167,441, homes in Lamoni are 59% below the national average.