Market Overview
Home Prices in Miles, IA
The median home value in Miles, IA is $151,054 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4% compared to a year ago and up 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Miles are priced63% below average.
Price History
Miles Home Price Trend
2022
$128,161
$128K
—
2023
$129,185
$129K
+0.8%
2024
$142,856
$143K
+10.6%
2025
$145,273
$145K
+1.7%
2026
$151,054
$151K
+4.0%
City Comparison
Miles vs. National Median
🏠 Miles
$151,054
National Median
$410,000
At $151,054, homes in Miles cost 63% below the national median of $410,000. This makes Miles a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Miles?
20% Down Payment
$30,211
on $151,054
Monthly P&I
$788/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,001/mo
incl. taxes & insurance
Income Needed
$40,040
gross annual (30% rule)
10% Down Option
$15,105
+ PMI applies
Loan Amount (20% dn)
$120,843
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 Miles, IA?
The median home value in Miles is $151,054 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4% year-over-year.
How much have home prices changed in Miles?
Over the past year, home values in Miles have increased by 4%.
How much do I need to earn to buy a home in Miles?
To comfortably afford the median home price of $151,054 with a 20% down payment ($30,211) at today's rates (6.8%), you'd need a gross annual income of approximately $40,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Miles compare to the national average home price?
The national median home value is approximately $410,000. At $151,054, homes in Miles are 63% below the national average.