Market Overview
Home Prices in Luxemburg, IA
The median home value in Luxemburg, IA is $236,621 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.2% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Luxemburg are priced42% below average. Luxemburg is part of the Dubuque, IA metro area.
Over the past five years, Luxemburg home values have risen by approximately32.1%, reflecting strong long-term appreciation in this market.
Price History
Luxemburg Home Price Trend
City Comparison
Luxemburg vs. National Median
At $236,621, homes in Luxemburg cost 42% below the national median of $410,000. This makes Luxemburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Luxemburg?
20% Down Payment
$47,324
on $236,621
Monthly P&I
$1,234/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,567/mo
incl. taxes & insurance
Income Needed
$62,680
gross annual (30% rule)
10% Down Option
$23,662
+ PMI applies
Loan Amount (20% dn)
$189,297
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 Luxemburg, IA?
The median home value in Luxemburg is $236,621 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.2% year-over-year.
How much have home prices changed in Luxemburg?
Over the past year, home values in Luxemburg have increased by 6.2%. Over five years, prices have risen approximately 32.1%.
How much do I need to earn to buy a home in Luxemburg?
To comfortably afford the median home price of $236,621 with a 20% down payment ($47,324) at today's rates (6.8%), you'd need a gross annual income of approximately $62,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Luxemburg compare to the national average home price?
The national median home value is approximately $410,000. At $236,621, homes in Luxemburg are 42% below the national average.
What metro area is Luxemburg part of?
Luxemburg is part of the Dubuque, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.