Market Overview
Home Prices in Rock Rapids, IA
The median home value in Rock Rapids, IA is $267,033 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.7% compared to a year ago and up 7.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rock Rapids are priced35% below average.
Over the past five years, Rock Rapids home values have risen by approximately43.5%, reflecting strong long-term appreciation in this market.
Price History
Rock Rapids Home Price Trend
2020
$170,969
$171K
—
2021
$186,054
$186K
+8.8%
2022
$209,533
$210K
+12.6%
2023
$206,892
$207K
-1.3%
2024
$223,684
$224K
+8.1%
2025
$241,133
$241K
+7.8%
2026
$267,033
$267K
+10.7%
City Comparison
Rock Rapids vs. National Median
🏠 Rock Rapids
$267,033
National Median
$410,000
At $267,033, homes in Rock Rapids cost 35% below the national median of $410,000. This makes Rock Rapids a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rock Rapids?
20% Down Payment
$53,407
on $267,033
Monthly P&I
$1,393/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,769/mo
incl. taxes & insurance
Income Needed
$70,760
gross annual (30% rule)
10% Down Option
$26,703
+ PMI applies
Loan Amount (20% dn)
$213,626
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 Rock Rapids, IA?
The median home value in Rock Rapids is $267,033 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.7% year-over-year.
How much have home prices changed in Rock Rapids?
Over the past year, home values in Rock Rapids have increased by 10.7%. Over five years, prices have risen approximately 43.5%.
How much do I need to earn to buy a home in Rock Rapids?
To comfortably afford the median home price of $267,033 with a 20% down payment ($53,407) at today's rates (6.8%), you'd need a gross annual income of approximately $70,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Rock Rapids compare to the national average home price?
The national median home value is approximately $410,000. At $267,033, homes in Rock Rapids are 35% below the national average.