Market Overview
Home Prices in Le Mars, IA
The median home value in Le Mars, IA is $285,207 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and up 5.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Le Mars are priced30% below average.
Over the past five years, Le Mars home values have risen by approximately28.4%, reflecting strong long-term appreciation in this market.
Price History
Le Mars Home Price Trend
2020
$197,107
$197K
—
2021
$222,052
$222K
+12.7%
2022
$248,732
$249K
+12.0%
2023
$254,786
$255K
+2.4%
2024
$263,902
$264K
+3.6%
2025
$277,337
$277K
+5.1%
2026
$285,207
$285K
+2.8%
City Comparison
Le Mars vs. National Median
🏠 Le Mars
$285,207
National Median
$410,000
At $285,207, homes in Le Mars cost 30% below the national median of $410,000. This makes Le Mars a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Le Mars?
20% Down Payment
$57,041
on $285,207
Monthly P&I
$1,487/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,888/mo
incl. taxes & insurance
Income Needed
$75,520
gross annual (30% rule)
10% Down Option
$28,521
+ PMI applies
Loan Amount (20% dn)
$228,166
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 Mars, IA?
The median home value in Le Mars is $285,207 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Le Mars?
Over the past year, home values in Le Mars have increased by 2.8%. Over five years, prices have risen approximately 28.4%.
How much do I need to earn to buy a home in Le Mars?
To comfortably afford the median home price of $285,207 with a 20% down payment ($57,041) at today's rates (6.8%), you'd need a gross annual income of approximately $75,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Le Mars compare to the national average home price?
The national median home value is approximately $410,000. At $285,207, homes in Le Mars are 30% below the national average.