Market Overview
Home Prices in Randolph, IA
The median home value in Randolph, IA is $187,550 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.4% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Randolph are priced54% below average.
Over the past five years, Randolph home values have risen by approximately30.0%, reflecting strong long-term appreciation in this market.
Price History
Randolph Home Price Trend
2020
$130,812
$131K
—
2021
$144,297
$144K
+10.3%
2022
$162,960
$163K
+12.9%
2023
$164,548
$165K
+1.0%
2024
$164,943
$165K
+0.2%
2025
$168,368
$168K
+2.1%
2026
$187,550
$188K
+11.4%
City Comparison
Randolph vs. National Median
🏠 Randolph
$187,550
National Median
$410,000
At $187,550, homes in Randolph cost 54% below the national median of $410,000. This makes Randolph a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Randolph?
20% Down Payment
$37,510
on $187,550
Monthly P&I
$978/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,242/mo
incl. taxes & insurance
Income Needed
$49,680
gross annual (30% rule)
10% Down Option
$18,755
+ PMI applies
Loan Amount (20% dn)
$150,040
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 Randolph, IA?
The median home value in Randolph is $187,550 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.4% year-over-year.
How much have home prices changed in Randolph?
Over the past year, home values in Randolph have increased by 11.4%. Over five years, prices have risen approximately 30.0%.
How much do I need to earn to buy a home in Randolph?
To comfortably afford the median home price of $187,550 with a 20% down payment ($37,510) at today's rates (6.8%), you'd need a gross annual income of approximately $49,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Randolph compare to the national average home price?
The national median home value is approximately $410,000. At $187,550, homes in Randolph are 54% below the national average.