Market Overview
Home Prices in Larrabee, IA
The median home value in Larrabee, IA is $134,550 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.1% compared to a year ago and down 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Larrabee are priced67% below average.
Price History
Larrabee Home Price Trend
2022
$136,819
$137K
—
2023
$136,544
$137K
-0.2%
2024
$138,577
$139K
+1.5%
2025
$137,401
$137K
-0.8%
2026
$134,550
$135K
-2.1%
City Comparison
Larrabee vs. National Median
🏠 Larrabee
$134,550
National Median
$410,000
At $134,550, homes in Larrabee cost 67% below the national median of $410,000. This makes Larrabee a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Larrabee?
20% Down Payment
$26,910
on $134,550
Monthly P&I
$702/mo
30-yr @ 6.8%
Total Monthly Est.
~$892/mo
incl. taxes & insurance
Income Needed
$35,680
gross annual (30% rule)
10% Down Option
$13,455
+ PMI applies
Loan Amount (20% dn)
$107,640
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 Larrabee, IA?
The median home value in Larrabee is $134,550 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.1% year-over-year.
How much have home prices changed in Larrabee?
Over the past year, home values in Larrabee have decreased by 2.1%.
How much do I need to earn to buy a home in Larrabee?
To comfortably afford the median home price of $134,550 with a 20% down payment ($26,910) at today's rates (6.8%), you'd need a gross annual income of approximately $35,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Larrabee compare to the national average home price?
The national median home value is approximately $410,000. At $134,550, homes in Larrabee are 67% below the national average.