Market Overview
Home Prices in Saint Olaf, IA
The median home value in Saint Olaf, IA is $333,676 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 19.7% compared to a year ago and up 9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Saint Olaf are priced19% below average.
Over the past five years, Saint Olaf home values have risen by approximately74.0%, reflecting strong long-term appreciation in this market.
Price History
Saint Olaf Home Price Trend
2020
$163,317
$163K
—
2021
$191,725
$192K
+17.4%
2022
$224,900
$225K
+17.3%
2023
$234,675
$235K
+4.3%
2024
$255,800
$256K
+9.0%
2025
$278,707
$279K
+9.0%
2026
$333,676
$334K
+19.7%
City Comparison
Saint Olaf vs. National Median
🏠 Saint Olaf
$333,676
National Median
$410,000
At $333,676, homes in Saint Olaf cost 19% below the national median of $410,000. This makes Saint Olaf a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Saint Olaf?
20% Down Payment
$66,735
on $333,676
Monthly P&I
$1,740/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,210/mo
incl. taxes & insurance
Income Needed
$88,400
gross annual (30% rule)
10% Down Option
$33,368
+ PMI applies
Loan Amount (20% dn)
$266,941
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 Saint Olaf, IA?
The median home value in Saint Olaf is $333,676 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 19.7% year-over-year.
How much have home prices changed in Saint Olaf?
Over the past year, home values in Saint Olaf have increased by 19.7%. Over five years, prices have risen approximately 74.0%.
How much do I need to earn to buy a home in Saint Olaf?
To comfortably afford the median home price of $333,676 with a 20% down payment ($66,735) at today's rates (6.8%), you'd need a gross annual income of approximately $88,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Saint Olaf compare to the national average home price?
The national median home value is approximately $410,000. At $333,676, homes in Saint Olaf are 19% below the national average.