Market Overview
Home Prices in Lockridge, IA
The median home value in Lockridge, IA is $206,035 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 14.1% 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 Lockridge are priced50% below average. Lockridge is part of the Fairfield, IA metro area.
Over the past five years, Lockridge home values have risen by approximately37.2%, reflecting strong long-term appreciation in this market.
Price History
Lockridge Home Price Trend
City Comparison
Lockridge vs. National Median
At $206,035, homes in Lockridge cost 50% below the national median of $410,000. This makes Lockridge a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lockridge?
20% Down Payment
$41,207
on $206,035
Monthly P&I
$1,075/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,365/mo
incl. taxes & insurance
Income Needed
$54,600
gross annual (30% rule)
10% Down Option
$20,604
+ PMI applies
Loan Amount (20% dn)
$164,828
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 Lockridge, IA?
The median home value in Lockridge is $206,035 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 14.1% year-over-year.
How much have home prices changed in Lockridge?
Over the past year, home values in Lockridge have increased by 14.1%. Over five years, prices have risen approximately 37.2%.
How much do I need to earn to buy a home in Lockridge?
To comfortably afford the median home price of $206,035 with a 20% down payment ($41,207) at today's rates (6.8%), you'd need a gross annual income of approximately $54,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Lockridge compare to the national average home price?
The national median home value is approximately $410,000. At $206,035, homes in Lockridge are 50% below the national average.
What metro area is Lockridge part of?
Lockridge is part of the Fairfield, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.