Market Overview
Home Prices in Minburn, IA
The median home value in Minburn, IA is $304,036 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.7% compared to a year ago and up 4.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Minburn are priced26% below average. Minburn is part of the Des Moines-West Des Moines, IA metro area.
Over the past five years, Minburn home values have risen by approximately32.3%, reflecting strong long-term appreciation in this market.
Price History
Minburn Home Price Trend
City Comparison
Minburn vs. National Median
At $304,036, homes in Minburn cost 26% below the national median of $410,000. This makes Minburn a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Minburn?
20% Down Payment
$60,807
on $304,036
Monthly P&I
$1,586/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,014/mo
incl. taxes & insurance
Income Needed
$80,560
gross annual (30% rule)
10% Down Option
$30,404
+ PMI applies
Loan Amount (20% dn)
$243,229
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 Minburn, IA?
The median home value in Minburn is $304,036 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.7% year-over-year.
How much have home prices changed in Minburn?
Over the past year, home values in Minburn have increased by 2.7%. Over five years, prices have risen approximately 32.3%.
How much do I need to earn to buy a home in Minburn?
To comfortably afford the median home price of $304,036 with a 20% down payment ($60,807) at today's rates (6.8%), you'd need a gross annual income of approximately $80,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Minburn compare to the national average home price?
The national median home value is approximately $410,000. At $304,036, homes in Minburn are 26% below the national average.
What metro area is Minburn part of?
Minburn is part of the Des Moines-West Des Moines, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.