Market Overview
Home Prices in Sumner, IA
The median home value in Sumner, IA is $149,593 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.3% compared to a year ago and up 4.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Sumner are priced64% below average. Sumner is part of the Waterloo-Cedar Falls, IA metro area.
Over the past five years, Sumner home values have risen by approximately22.7%, reflecting strong long-term appreciation in this market.
Price History
Sumner Home Price Trend
City Comparison
Sumner vs. National Median
At $149,593, homes in Sumner cost 64% below the national median of $410,000. This makes Sumner a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Sumner?
20% Down Payment
$29,919
on $149,593
Monthly P&I
$780/mo
30-yr @ 6.8%
Total Monthly Est.
~$991/mo
incl. taxes & insurance
Income Needed
$39,640
gross annual (30% rule)
10% Down Option
$14,959
+ PMI applies
Loan Amount (20% dn)
$119,674
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 Sumner, IA?
The median home value in Sumner is $149,593 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.3% year-over-year.
How much have home prices changed in Sumner?
Over the past year, home values in Sumner have increased by 1.3%. Over five years, prices have risen approximately 22.7%.
How much do I need to earn to buy a home in Sumner?
To comfortably afford the median home price of $149,593 with a 20% down payment ($29,919) at today's rates (6.8%), you'd need a gross annual income of approximately $39,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Sumner compare to the national average home price?
The national median home value is approximately $410,000. At $149,593, homes in Sumner are 64% below the national average.
What metro area is Sumner part of?
Sumner is part of the Waterloo-Cedar Falls, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.