Market Overview
Home Prices in New Hampton, IA
The median home value in New Hampton, IA is $184,211 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.1% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Hampton are priced55% below average.
Over the past five years, New Hampton home values have risen by approximately31.9%, reflecting strong long-term appreciation in this market.
Price History
New Hampton Home Price Trend
2020
$128,246
$128K
—
2021
$139,670
$140K
+8.9%
2022
$159,945
$160K
+14.5%
2023
$162,990
$163K
+1.9%
2024
$169,316
$169K
+3.9%
2025
$175,258
$175K
+3.5%
2026
$184,211
$184K
+5.1%
City Comparison
New Hampton vs. National Median
🏠 New Hampton
$184,211
National Median
$410,000
At $184,211, homes in New Hampton cost 55% below the national median of $410,000. This makes New Hampton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Hampton?
20% Down Payment
$36,842
on $184,211
Monthly P&I
$961/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,220/mo
incl. taxes & insurance
Income Needed
$48,800
gross annual (30% rule)
10% Down Option
$18,421
+ PMI applies
Loan Amount (20% dn)
$147,369
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 New Hampton, IA?
The median home value in New Hampton is $184,211 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.1% year-over-year.
How much have home prices changed in New Hampton?
Over the past year, home values in New Hampton have increased by 5.1%. Over five years, prices have risen approximately 31.9%.
How much do I need to earn to buy a home in New Hampton?
To comfortably afford the median home price of $184,211 with a 20% down payment ($36,842) at today's rates (6.8%), you'd need a gross annual income of approximately $48,800. This assumes keeping total housing costs at or below 30% of gross income.
How does New Hampton compare to the national average home price?
The national median home value is approximately $410,000. At $184,211, homes in New Hampton are 55% below the national average.