Market Overview
Home Prices in Marshalltown, IA
The median home value in Marshalltown, IA is $180,382 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Marshalltown are priced56% below average. Marshalltown is part of the Marshalltown, IA metro area.
Over the past five years, Marshalltown home values have risen by approximately26.4%, reflecting strong long-term appreciation in this market.
Price History
Marshalltown Home Price Trend
City Comparison
Marshalltown vs. National Median
At $180,382, homes in Marshalltown cost 56% below the national median of $410,000. This makes Marshalltown a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Marshalltown?
20% Down Payment
$36,076
on $180,382
Monthly P&I
$941/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,195/mo
incl. taxes & insurance
Income Needed
$47,800
gross annual (30% rule)
10% Down Option
$18,038
+ PMI applies
Loan Amount (20% dn)
$144,306
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 Marshalltown, IA?
The median home value in Marshalltown is $180,382 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Marshalltown?
Over the past year, home values in Marshalltown have increased by 3.5%. Over five years, prices have risen approximately 26.4%.
How much do I need to earn to buy a home in Marshalltown?
To comfortably afford the median home price of $180,382 with a 20% down payment ($36,076) at today's rates (6.8%), you'd need a gross annual income of approximately $47,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Marshalltown compare to the national average home price?
The national median home value is approximately $410,000. At $180,382, homes in Marshalltown are 56% below the national average.
What metro area is Marshalltown part of?
Marshalltown is part of the Marshalltown, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.