Market Overview
Home Prices in Ocheyedan, IA
The median home value in Ocheyedan, IA is $173,356 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.6% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ocheyedan are priced58% below average.
Price History
Ocheyedan Home Price Trend
2022
$154,525
$155K
—
2023
$150,011
$150K
-2.9%
2024
$157,426
$157K
+4.9%
2025
$158,135
$158K
+0.5%
2026
$173,356
$173K
+9.6%
City Comparison
Ocheyedan vs. National Median
🏠 Ocheyedan
$173,356
National Median
$410,000
At $173,356, homes in Ocheyedan cost 58% below the national median of $410,000. This makes Ocheyedan a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ocheyedan?
20% Down Payment
$34,671
on $173,356
Monthly P&I
$904/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,148/mo
incl. taxes & insurance
Income Needed
$45,920
gross annual (30% rule)
10% Down Option
$17,336
+ PMI applies
Loan Amount (20% dn)
$138,685
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 Ocheyedan, IA?
The median home value in Ocheyedan is $173,356 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.6% year-over-year.
How much have home prices changed in Ocheyedan?
Over the past year, home values in Ocheyedan have increased by 9.6%.
How much do I need to earn to buy a home in Ocheyedan?
To comfortably afford the median home price of $173,356 with a 20% down payment ($34,671) at today's rates (6.8%), you'd need a gross annual income of approximately $45,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Ocheyedan compare to the national average home price?
The national median home value is approximately $410,000. At $173,356, homes in Ocheyedan are 58% below the national average.