Market Overview
Home Prices in Shenandoah, IA
The median home value in Shenandoah, IA is $145,395 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.7% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Shenandoah are priced65% below average.
Over the past five years, Shenandoah home values have risen by approximately32.5%, reflecting strong long-term appreciation in this market.
Price History
Shenandoah Home Price Trend
2020
$97,623
$98K
—
2021
$109,756
$110K
+12.4%
2022
$122,408
$122K
+11.5%
2023
$128,899
$129K
+5.3%
2024
$138,043
$138K
+7.1%
2025
$138,831
$139K
+0.6%
2026
$145,395
$145K
+4.7%
City Comparison
Shenandoah vs. National Median
🏠 Shenandoah
$145,395
National Median
$410,000
At $145,395, homes in Shenandoah cost 65% below the national median of $410,000. This makes Shenandoah a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Shenandoah?
20% Down Payment
$29,079
on $145,395
Monthly P&I
$758/mo
30-yr @ 6.8%
Total Monthly Est.
~$963/mo
incl. taxes & insurance
Income Needed
$38,520
gross annual (30% rule)
10% Down Option
$14,540
+ PMI applies
Loan Amount (20% dn)
$116,316
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 Shenandoah, IA?
The median home value in Shenandoah is $145,395 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.7% year-over-year.
How much have home prices changed in Shenandoah?
Over the past year, home values in Shenandoah have increased by 4.7%. Over five years, prices have risen approximately 32.5%.
How much do I need to earn to buy a home in Shenandoah?
To comfortably afford the median home price of $145,395 with a 20% down payment ($29,079) at today's rates (6.8%), you'd need a gross annual income of approximately $38,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Shenandoah compare to the national average home price?
The national median home value is approximately $410,000. At $145,395, homes in Shenandoah are 65% below the national average.