Market Overview
Home Prices in Pella, IA
The median home value in Pella, IA is $362,929 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and up 5.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pella are priced11% below average. Pella is part of the Pella, IA metro area.
Over the past five years, Pella home values have risen by approximately30.8%, reflecting strong long-term appreciation in this market.
Price History
Pella Home Price Trend
2020
$251,051
$251K
—
2021
$277,479
$277K
+10.5%
2022
$311,130
$311K
+12.1%
2023
$317,765
$318K
+2.1%
2024
$335,519
$336K
+5.6%
2025
$353,680
$354K
+5.4%
2026
$362,929
$363K
+2.6%
City Comparison
Pella vs. National Median
🏠 Pella
$362,929
National Median
$410,000
At $362,929, homes in Pella cost 11% below the national median of $410,000. This makes Pella a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pella?
20% Down Payment
$72,586
on $362,929
Monthly P&I
$1,893/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,404/mo
incl. taxes & insurance
Income Needed
$96,160
gross annual (30% rule)
10% Down Option
$36,293
+ PMI applies
Loan Amount (20% dn)
$290,343
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 Pella, IA?
The median home value in Pella is $362,929 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Pella?
Over the past year, home values in Pella have increased by 2.6%. Over five years, prices have risen approximately 30.8%.
How much do I need to earn to buy a home in Pella?
To comfortably afford the median home price of $362,929 with a 20% down payment ($72,586) at today's rates (6.8%), you'd need a gross annual income of approximately $96,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Pella compare to the national average home price?
The national median home value is approximately $410,000. At $362,929, homes in Pella are 11% below the national average.
What metro area is Pella part of?
Pella is part of the Pella, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.