Market Overview
Home Prices in Le Grand, IA
The median home value in Le Grand, IA is $182,404 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.7% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Le Grand are priced56% below average. Le Grand is part of the Marshalltown, IA metro area.
Price History
Le Grand Home Price Trend
2022
$163,471
$163K
—
2023
$168,217
$168K
+2.9%
2024
$172,307
$172K
+2.4%
2025
$174,248
$174K
+1.1%
2026
$182,404
$182K
+4.7%
City Comparison
Le Grand vs. National Median
🏠 Le Grand
$182,404
National Median
$410,000
At $182,404, homes in Le Grand cost 56% below the national median of $410,000. This makes Le Grand a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Le Grand?
20% Down Payment
$36,481
on $182,404
Monthly P&I
$951/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,208/mo
incl. taxes & insurance
Income Needed
$48,320
gross annual (30% rule)
10% Down Option
$18,240
+ PMI applies
Loan Amount (20% dn)
$145,923
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 Le Grand, IA?
The median home value in Le Grand is $182,404 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.7% year-over-year.
How much have home prices changed in Le Grand?
Over the past year, home values in Le Grand have increased by 4.7%.
How much do I need to earn to buy a home in Le Grand?
To comfortably afford the median home price of $182,404 with a 20% down payment ($36,481) at today's rates (6.8%), you'd need a gross annual income of approximately $48,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Le Grand compare to the national average home price?
The national median home value is approximately $410,000. At $182,404, homes in Le Grand are 56% below the national average.
What metro area is Le Grand part of?
Le Grand is part of the Marshalltown, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.