Market Overview
Home Prices in Stanhope, IA
The median home value in Stanhope, IA is $179,544 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.9% compared to a year ago and up 6.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Stanhope are priced56% below average.
Over the past five years, Stanhope home values have risen by approximately41.7%, reflecting strong long-term appreciation in this market.
Price History
Stanhope Home Price Trend
2020
$110,521
$111K
—
2021
$126,707
$127K
+14.6%
2022
$149,776
$150K
+18.2%
2023
$148,026
$148K
-1.2%
2024
$158,662
$159K
+7.2%
2025
$169,608
$170K
+6.9%
2026
$179,544
$180K
+5.9%
City Comparison
Stanhope vs. National Median
🏠 Stanhope
$179,544
National Median
$410,000
At $179,544, homes in Stanhope cost 56% below the national median of $410,000. This makes Stanhope a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Stanhope?
20% Down Payment
$35,909
on $179,544
Monthly P&I
$936/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,189/mo
incl. taxes & insurance
Income Needed
$47,560
gross annual (30% rule)
10% Down Option
$17,954
+ PMI applies
Loan Amount (20% dn)
$143,635
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 Stanhope, IA?
The median home value in Stanhope is $179,544 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.9% year-over-year.
How much have home prices changed in Stanhope?
Over the past year, home values in Stanhope have increased by 5.9%. Over five years, prices have risen approximately 41.7%.
How much do I need to earn to buy a home in Stanhope?
To comfortably afford the median home price of $179,544 with a 20% down payment ($35,909) at today's rates (6.8%), you'd need a gross annual income of approximately $47,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Stanhope compare to the national average home price?
The national median home value is approximately $410,000. At $179,544, homes in Stanhope are 56% below the national average.