Market Overview
Home Prices in Leon, IA
The median home value in Leon, IA is $141,974 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2% compared to a year ago and up 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Leon are priced65% below average.
Over the past five years, Leon home values have fallen by approximately8.3%, reflecting softening conditions in this market.
Price History
Leon Home Price Trend
2020
$144,120
$144K
—
2021
$154,835
$155K
+7.4%
2022
$157,847
$158K
+1.9%
2023
$150,209
$150K
-4.8%
2024
$144,780
$145K
-3.6%
2025
$144,853
$145K
+0.1%
2026
$141,974
$142K
-2.0%
City Comparison
Leon vs. National Median
🏠 Leon
$141,974
National Median
$410,000
At $141,974, homes in Leon cost 65% below the national median of $410,000. This makes Leon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Leon?
20% Down Payment
$28,395
on $141,974
Monthly P&I
$740/mo
30-yr @ 6.8%
Total Monthly Est.
~$940/mo
incl. taxes & insurance
Income Needed
$37,600
gross annual (30% rule)
10% Down Option
$14,197
+ PMI applies
Loan Amount (20% dn)
$113,579
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 Leon, IA?
The median home value in Leon is $141,974 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2% year-over-year.
How much have home prices changed in Leon?
Over the past year, home values in Leon have decreased by 2%. Over five years, prices have fallen approximately 8.3%.
How much do I need to earn to buy a home in Leon?
To comfortably afford the median home price of $141,974 with a 20% down payment ($28,395) at today's rates (6.8%), you'd need a gross annual income of approximately $37,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Leon compare to the national average home price?
The national median home value is approximately $410,000. At $141,974, homes in Leon are 65% below the national average.