Market Overview
Home Prices in Lovilia, IA
The median home value in Lovilia, IA is $157,127 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.6% compared to a year ago and up 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lovilia are priced62% below average.
Over the past five years, Lovilia home values have risen by approximately37.8%, reflecting strong long-term appreciation in this market.
Price History
Lovilia Home Price Trend
2020
$95,594
$96K
—
2021
$114,053
$114K
+19.3%
2022
$138,939
$139K
+21.8%
2023
$147,429
$147K
+6.1%
2024
$154,891
$155K
+5.1%
2025
$156,193
$156K
+0.8%
2026
$157,127
$157K
+0.6%
City Comparison
Lovilia vs. National Median
🏠 Lovilia
$157,127
National Median
$410,000
At $157,127, homes in Lovilia cost 62% below the national median of $410,000. This makes Lovilia a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lovilia?
20% Down Payment
$31,425
on $157,127
Monthly P&I
$819/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,040/mo
incl. taxes & insurance
Income Needed
$41,600
gross annual (30% rule)
10% Down Option
$15,713
+ PMI applies
Loan Amount (20% dn)
$125,702
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 Lovilia, IA?
The median home value in Lovilia is $157,127 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.6% year-over-year.
How much have home prices changed in Lovilia?
Over the past year, home values in Lovilia have increased by 0.6%. Over five years, prices have risen approximately 37.8%.
How much do I need to earn to buy a home in Lovilia?
To comfortably afford the median home price of $157,127 with a 20% down payment ($31,425) at today's rates (6.8%), you'd need a gross annual income of approximately $41,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Lovilia compare to the national average home price?
The national median home value is approximately $410,000. At $157,127, homes in Lovilia are 62% below the national average.