Market Overview
Home Prices in Manly, IA
The median home value in Manly, IA is $154,475 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.7% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Manly are priced62% below average. Manly is part of the Mason City, IA metro area.
Over the past five years, Manly home values have risen by approximately36.3%, reflecting strong long-term appreciation in this market.
Price History
Manly Home Price Trend
City Comparison
Manly vs. National Median
At $154,475, homes in Manly cost 62% below the national median of $410,000. This makes Manly a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Manly?
20% Down Payment
$30,895
on $154,475
Monthly P&I
$806/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,024/mo
incl. taxes & insurance
Income Needed
$40,960
gross annual (30% rule)
10% Down Option
$15,448
+ PMI applies
Loan Amount (20% dn)
$123,580
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 Manly, IA?
The median home value in Manly is $154,475 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.7% year-over-year.
How much have home prices changed in Manly?
Over the past year, home values in Manly have increased by 4.7%. Over five years, prices have risen approximately 36.3%.
How much do I need to earn to buy a home in Manly?
To comfortably afford the median home price of $154,475 with a 20% down payment ($30,895) at today's rates (6.8%), you'd need a gross annual income of approximately $40,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Manly compare to the national average home price?
The national median home value is approximately $410,000. At $154,475, homes in Manly are 62% below the national average.
What metro area is Manly part of?
Manly is part of the Mason City, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.