Market Overview
Home Prices in Maxwell, IA
The median home value in Maxwell, IA is $342,664 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 3.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Maxwell are priced16% below average. Maxwell is part of the Des Moines-West Des Moines, IA metro area.
Over the past five years, Maxwell home values have risen by approximately31.9%, reflecting strong long-term appreciation in this market.
Price History
Maxwell Home Price Trend
City Comparison
Maxwell vs. National Median
At $342,664, homes in Maxwell cost 16% below the national median of $410,000. This makes Maxwell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Maxwell?
20% Down Payment
$68,533
on $342,664
Monthly P&I
$1,787/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,269/mo
incl. taxes & insurance
Income Needed
$90,760
gross annual (30% rule)
10% Down Option
$34,266
+ PMI applies
Loan Amount (20% dn)
$274,131
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 Maxwell, IA?
The median home value in Maxwell is $342,664 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 Maxwell?
Over the past year, home values in Maxwell have increased by 3.5%. Over five years, prices have risen approximately 31.9%.
How much do I need to earn to buy a home in Maxwell?
To comfortably afford the median home price of $342,664 with a 20% down payment ($68,533) at today's rates (6.8%), you'd need a gross annual income of approximately $90,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Maxwell compare to the national average home price?
The national median home value is approximately $410,000. At $342,664, homes in Maxwell are 16% below the national average.
What metro area is Maxwell part of?
Maxwell is part of the Des Moines-West Des Moines, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.