Market Overview
Home Prices in Morning Sun, IA
The median home value in Morning Sun, IA is $174,229 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.7% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Morning Sun are priced58% below average. Morning Sun is part of the Burlington, IA-IL metro area.
Over the past five years, Morning Sun home values have risen by approximately23.1%, reflecting strong long-term appreciation in this market.
Price History
Morning Sun Home Price Trend
City Comparison
Morning Sun vs. National Median
At $174,229, homes in Morning Sun cost 58% below the national median of $410,000. This makes Morning Sun a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Morning Sun?
20% Down Payment
$34,846
on $174,229
Monthly P&I
$909/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,154/mo
incl. taxes & insurance
Income Needed
$46,160
gross annual (30% rule)
10% Down Option
$17,423
+ PMI applies
Loan Amount (20% dn)
$139,383
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 Morning Sun, IA?
The median home value in Morning Sun is $174,229 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.7% year-over-year.
How much have home prices changed in Morning Sun?
Over the past year, home values in Morning Sun have increased by 5.7%. Over five years, prices have risen approximately 23.1%.
How much do I need to earn to buy a home in Morning Sun?
To comfortably afford the median home price of $174,229 with a 20% down payment ($34,846) at today's rates (6.8%), you'd need a gross annual income of approximately $46,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Morning Sun compare to the national average home price?
The national median home value is approximately $410,000. At $174,229, homes in Morning Sun are 58% below the national average.
What metro area is Morning Sun part of?
Morning Sun is part of the Burlington, IA-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.