Market Overview
Home Prices in Larchwood, IA
The median home value in Larchwood, IA is $352,448 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 16.2% compared to a year ago and up 7.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Larchwood are priced14% below average.
Over the past five years, Larchwood home values have risen by approximately50.7%, reflecting strong long-term appreciation in this market.
Price History
Larchwood Home Price Trend
2020
$210,570
$211K
—
2021
$233,946
$234K
+11.1%
2022
$265,962
$266K
+13.7%
2023
$269,183
$269K
+1.2%
2024
$283,185
$283K
+5.2%
2025
$303,369
$303K
+7.1%
2026
$352,448
$352K
+16.2%
City Comparison
Larchwood vs. National Median
🏠 Larchwood
$352,448
National Median
$410,000
At $352,448, homes in Larchwood cost 14% below the national median of $410,000. This makes Larchwood a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Larchwood?
20% Down Payment
$70,490
on $352,448
Monthly P&I
$1,838/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,334/mo
incl. taxes & insurance
Income Needed
$93,360
gross annual (30% rule)
10% Down Option
$35,245
+ PMI applies
Loan Amount (20% dn)
$281,958
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 Larchwood, IA?
The median home value in Larchwood is $352,448 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 16.2% year-over-year.
How much have home prices changed in Larchwood?
Over the past year, home values in Larchwood have increased by 16.2%. Over five years, prices have risen approximately 50.7%.
How much do I need to earn to buy a home in Larchwood?
To comfortably afford the median home price of $352,448 with a 20% down payment ($70,490) at today's rates (6.8%), you'd need a gross annual income of approximately $93,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Larchwood compare to the national average home price?
The national median home value is approximately $410,000. At $352,448, homes in Larchwood are 14% below the national average.