Market Overview
Home Prices in Manilla, IA
The median home value in Manilla, IA is $176,933 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 15.2% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Manilla are priced57% below average.
Over the past five years, Manilla home values have risen by approximately59.7%, reflecting strong long-term appreciation in this market.
Price History
Manilla Home Price Trend
2020
$98,453
$98K
—
2021
$110,773
$111K
+12.5%
2022
$129,453
$129K
+16.9%
2023
$136,734
$137K
+5.6%
2024
$148,393
$148K
+8.5%
2025
$153,647
$154K
+3.5%
2026
$176,933
$177K
+15.2%
City Comparison
Manilla vs. National Median
🏠 Manilla
$176,933
National Median
$410,000
At $176,933, homes in Manilla cost 57% below the national median of $410,000. This makes Manilla a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Manilla?
20% Down Payment
$35,387
on $176,933
Monthly P&I
$923/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,172/mo
incl. taxes & insurance
Income Needed
$46,880
gross annual (30% rule)
10% Down Option
$17,693
+ PMI applies
Loan Amount (20% dn)
$141,546
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 Manilla, IA?
The median home value in Manilla is $176,933 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 15.2% year-over-year.
How much have home prices changed in Manilla?
Over the past year, home values in Manilla have increased by 15.2%. Over five years, prices have risen approximately 59.7%.
How much do I need to earn to buy a home in Manilla?
To comfortably afford the median home price of $176,933 with a 20% down payment ($35,387) at today's rates (6.8%), you'd need a gross annual income of approximately $46,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Manilla compare to the national average home price?
The national median home value is approximately $410,000. At $176,933, homes in Manilla are 57% below the national average.