Market Overview
Home Prices in Plano, IA
The median home value in Plano, IA is $121,950 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.9% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Plano are priced70% below average.
Price History
Plano Home Price Trend
2022
$110,649
$111K
—
2023
$112,688
$113K
+1.8%
2024
$108,621
$109K
-3.6%
2025
$110,988
$111K
+2.2%
2026
$121,950
$122K
+9.9%
City Comparison
Plano vs. National Median
🏠 Plano
$121,950
National Median
$410,000
At $121,950, homes in Plano cost 70% below the national median of $410,000. This makes Plano a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Plano?
20% Down Payment
$24,390
on $121,950
Monthly P&I
$636/mo
30-yr @ 6.8%
Total Monthly Est.
~$808/mo
incl. taxes & insurance
Income Needed
$32,320
gross annual (30% rule)
10% Down Option
$12,195
+ PMI applies
Loan Amount (20% dn)
$97,560
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 Plano, IA?
The median home value in Plano is $121,950 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.9% year-over-year.
How much have home prices changed in Plano?
Over the past year, home values in Plano have increased by 9.9%.
How much do I need to earn to buy a home in Plano?
To comfortably afford the median home price of $121,950 with a 20% down payment ($24,390) at today's rates (6.8%), you'd need a gross annual income of approximately $32,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Plano compare to the national average home price?
The national median home value is approximately $410,000. At $121,950, homes in Plano are 70% below the national average.