Market Overview
Home Prices in Malcom, IA
The median home value in Malcom, IA is $237,064 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.5% compared to a year ago and up 7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Malcom are priced42% below average.
Over the past five years, Malcom home values have risen by approximately34.4%, reflecting strong long-term appreciation in this market.
Price History
Malcom Home Price Trend
2020
$152,609
$153K
—
2021
$176,431
$176K
+15.6%
2022
$199,675
$200K
+13.2%
2023
$201,097
$201K
+0.7%
2024
$200,583
$201K
-0.3%
2025
$214,548
$215K
+7.0%
2026
$237,064
$237K
+10.5%
City Comparison
Malcom vs. National Median
🏠 Malcom
$237,064
National Median
$410,000
At $237,064, homes in Malcom cost 42% below the national median of $410,000. This makes Malcom a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Malcom?
20% Down Payment
$47,413
on $237,064
Monthly P&I
$1,236/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,570/mo
incl. taxes & insurance
Income Needed
$62,800
gross annual (30% rule)
10% Down Option
$23,706
+ PMI applies
Loan Amount (20% dn)
$189,651
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 Malcom, IA?
The median home value in Malcom is $237,064 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.5% year-over-year.
How much have home prices changed in Malcom?
Over the past year, home values in Malcom have increased by 10.5%. Over five years, prices have risen approximately 34.4%.
How much do I need to earn to buy a home in Malcom?
To comfortably afford the median home price of $237,064 with a 20% down payment ($47,413) at today's rates (6.8%), you'd need a gross annual income of approximately $62,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Malcom compare to the national average home price?
The national median home value is approximately $410,000. At $237,064, homes in Malcom are 42% below the national average.