Market Overview
Home Prices in Marcus, IA
The median home value in Marcus, IA is $191,877 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.4% compared to a year ago and up 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Marcus are priced53% below average.
Over the past five years, Marcus home values have risen by approximately23.1%, reflecting strong long-term appreciation in this market.
Price History
Marcus Home Price Trend
2020
$134,664
$135K
—
2021
$155,885
$156K
+15.8%
2022
$174,066
$174K
+11.7%
2023
$177,364
$177K
+1.9%
2024
$183,662
$184K
+3.6%
2025
$192,627
$193K
+4.9%
2026
$191,877
$192K
-0.4%
City Comparison
Marcus vs. National Median
🏠 Marcus
$191,877
National Median
$410,000
At $191,877, homes in Marcus cost 53% below the national median of $410,000. This makes Marcus a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Marcus?
20% Down Payment
$38,375
on $191,877
Monthly P&I
$1,001/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,271/mo
incl. taxes & insurance
Income Needed
$50,840
gross annual (30% rule)
10% Down Option
$19,188
+ PMI applies
Loan Amount (20% dn)
$153,502
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 Marcus, IA?
The median home value in Marcus is $191,877 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.4% year-over-year.
How much have home prices changed in Marcus?
Over the past year, home values in Marcus have decreased by 0.4%. Over five years, prices have risen approximately 23.1%.
How much do I need to earn to buy a home in Marcus?
To comfortably afford the median home price of $191,877 with a 20% down payment ($38,375) at today's rates (6.8%), you'd need a gross annual income of approximately $50,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Marcus compare to the national average home price?
The national median home value is approximately $410,000. At $191,877, homes in Marcus are 53% below the national average.