Market Overview
Home Prices in Linn Grove, IA
The median home value in Linn Grove, IA is $201,314 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.1% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Linn Grove are priced51% below average. Linn Grove is part of the Storm Lake, IA metro area.
Over the past five years, Linn Grove home values have risen by approximately30.8%, reflecting strong long-term appreciation in this market.
Price History
Linn Grove Home Price Trend
City Comparison
Linn Grove vs. National Median
At $201,314, homes in Linn Grove cost 51% below the national median of $410,000. This makes Linn Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Linn Grove?
20% Down Payment
$40,263
on $201,314
Monthly P&I
$1,050/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,334/mo
incl. taxes & insurance
Income Needed
$53,360
gross annual (30% rule)
10% Down Option
$20,131
+ PMI applies
Loan Amount (20% dn)
$161,051
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 Linn Grove, IA?
The median home value in Linn Grove is $201,314 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.1% year-over-year.
How much have home prices changed in Linn Grove?
Over the past year, home values in Linn Grove have increased by 1.1%. Over five years, prices have risen approximately 30.8%.
How much do I need to earn to buy a home in Linn Grove?
To comfortably afford the median home price of $201,314 with a 20% down payment ($40,263) at today's rates (6.8%), you'd need a gross annual income of approximately $53,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Linn Grove compare to the national average home price?
The national median home value is approximately $410,000. At $201,314, homes in Linn Grove are 51% below the national average.
What metro area is Linn Grove part of?
Linn Grove is part of the Storm Lake, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.