Market Overview
Home Prices in Ridgeway, IA
The median home value in Ridgeway, IA is $339,033 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.7% compared to a year ago and up 8.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ridgeway are priced17% below average.
Price History
Ridgeway Home Price Trend
2022
$267,080
$267K
—
2023
$272,544
$273K
+2.0%
2024
$287,161
$287K
+5.4%
2025
$311,864
$312K
+8.6%
2026
$339,033
$339K
+8.7%
City Comparison
Ridgeway vs. National Median
🏠 Ridgeway
$339,033
National Median
$410,000
At $339,033, homes in Ridgeway cost 17% below the national median of $410,000. This makes Ridgeway a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ridgeway?
20% Down Payment
$67,807
on $339,033
Monthly P&I
$1,768/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,245/mo
incl. taxes & insurance
Income Needed
$89,800
gross annual (30% rule)
10% Down Option
$33,903
+ PMI applies
Loan Amount (20% dn)
$271,226
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 Ridgeway, IA?
The median home value in Ridgeway is $339,033 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.7% year-over-year.
How much have home prices changed in Ridgeway?
Over the past year, home values in Ridgeway have increased by 8.7%.
How much do I need to earn to buy a home in Ridgeway?
To comfortably afford the median home price of $339,033 with a 20% down payment ($67,807) at today's rates (6.8%), you'd need a gross annual income of approximately $89,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Ridgeway compare to the national average home price?
The national median home value is approximately $410,000. At $339,033, homes in Ridgeway are 17% below the national average.