Market Overview
Home Prices in Mallard, IA
The median home value in Mallard, IA is $162,597 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mallard are priced60% below average.
Price History
Mallard Home Price Trend
2022
$152,745
$153K
—
2023
$138,469
$138K
-9.3%
2024
$150,306
$150K
+8.5%
2025
$156,654
$157K
+4.2%
2026
$162,597
$163K
+3.8%
City Comparison
Mallard vs. National Median
🏠 Mallard
$162,597
National Median
$410,000
At $162,597, homes in Mallard cost 60% below the national median of $410,000. This makes Mallard a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mallard?
20% Down Payment
$32,519
on $162,597
Monthly P&I
$848/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,077/mo
incl. taxes & insurance
Income Needed
$43,080
gross annual (30% rule)
10% Down Option
$16,260
+ PMI applies
Loan Amount (20% dn)
$130,078
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 Mallard, IA?
The median home value in Mallard is $162,597 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Mallard?
Over the past year, home values in Mallard have increased by 3.8%.
How much do I need to earn to buy a home in Mallard?
To comfortably afford the median home price of $162,597 with a 20% down payment ($32,519) at today's rates (6.8%), you'd need a gross annual income of approximately $43,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Mallard compare to the national average home price?
The national median home value is approximately $410,000. At $162,597, homes in Mallard are 60% below the national average.