Market Overview
Home Prices in Marathon, IA
The median home value in Marathon, IA is $96,274 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.9% compared to a year ago and down 4.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Marathon are priced77% below average. Marathon is part of the Storm Lake, IA metro area.
Over the past five years, Marathon home values have risen by approximately19.3%, reflecting steady appreciation in this market.
Price History
Marathon Home Price Trend
City Comparison
Marathon vs. National Median
At $96,274, homes in Marathon cost 77% below the national median of $410,000. This makes Marathon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Marathon?
20% Down Payment
$19,255
on $96,274
Monthly P&I
$502/mo
30-yr @ 6.8%
Total Monthly Est.
~$638/mo
incl. taxes & insurance
Income Needed
$25,520
gross annual (30% rule)
10% Down Option
$9,627
+ PMI applies
Loan Amount (20% dn)
$77,019
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 Marathon, IA?
The median home value in Marathon is $96,274 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.9% year-over-year.
How much have home prices changed in Marathon?
Over the past year, home values in Marathon have increased by 2.9%. Over five years, prices have risen approximately 19.3%.
How much do I need to earn to buy a home in Marathon?
To comfortably afford the median home price of $96,274 with a 20% down payment ($19,255) at today's rates (6.8%), you'd need a gross annual income of approximately $25,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Marathon compare to the national average home price?
The national median home value is approximately $410,000. At $96,274, homes in Marathon are 77% below the national average.
What metro area is Marathon part of?
Marathon is part of the Storm Lake, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.