Market Overview
Home Prices in Sheldon, IA
The median home value in Sheldon, IA is $228,323 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.1% 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 Sheldon are priced44% below average.
Over the past five years, Sheldon home values have risen by approximately42.4%, reflecting strong long-term appreciation in this market.
Price History
Sheldon Home Price Trend
2020
$144,547
$145K
—
2021
$160,362
$160K
+10.9%
2022
$182,875
$183K
+14.0%
2023
$185,339
$185K
+1.3%
2024
$192,820
$193K
+4.0%
2025
$209,350
$209K
+8.6%
2026
$228,323
$228K
+9.1%
City Comparison
Sheldon vs. National Median
🏠 Sheldon
$228,323
National Median
$410,000
At $228,323, homes in Sheldon cost 44% below the national median of $410,000. This makes Sheldon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Sheldon?
20% Down Payment
$45,665
on $228,323
Monthly P&I
$1,191/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,513/mo
incl. taxes & insurance
Income Needed
$60,520
gross annual (30% rule)
10% Down Option
$22,832
+ PMI applies
Loan Amount (20% dn)
$182,658
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 Sheldon, IA?
The median home value in Sheldon is $228,323 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.1% year-over-year.
How much have home prices changed in Sheldon?
Over the past year, home values in Sheldon have increased by 9.1%. Over five years, prices have risen approximately 42.4%.
How much do I need to earn to buy a home in Sheldon?
To comfortably afford the median home price of $228,323 with a 20% down payment ($45,665) at today's rates (6.8%), you'd need a gross annual income of approximately $60,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Sheldon compare to the national average home price?
The national median home value is approximately $410,000. At $228,323, homes in Sheldon are 44% below the national average.