Market Overview
Home Prices in Swea City, IA
The median home value in Swea City, IA is $119,037 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.3% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Swea City are priced71% below average.
Price History
Swea City Home Price Trend
2022
$101,184
$101K
—
2023
$105,778
$106K
+4.5%
2024
$117,320
$117K
+10.9%
2025
$118,655
$119K
+1.1%
2026
$119,037
$119K
+0.3%
City Comparison
Swea City vs. National Median
🏠 Swea City
$119,037
National Median
$410,000
At $119,037, homes in Swea City cost 71% below the national median of $410,000. This makes Swea City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Swea City?
20% Down Payment
$23,807
on $119,037
Monthly P&I
$621/mo
30-yr @ 6.8%
Total Monthly Est.
~$789/mo
incl. taxes & insurance
Income Needed
$31,560
gross annual (30% rule)
10% Down Option
$11,904
+ PMI applies
Loan Amount (20% dn)
$95,230
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 Swea City, IA?
The median home value in Swea City is $119,037 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.3% year-over-year.
How much have home prices changed in Swea City?
Over the past year, home values in Swea City have increased by 0.3%.
How much do I need to earn to buy a home in Swea City?
To comfortably afford the median home price of $119,037 with a 20% down payment ($23,807) at today's rates (6.8%), you'd need a gross annual income of approximately $31,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Swea City compare to the national average home price?
The national median home value is approximately $410,000. At $119,037, homes in Swea City are 71% below the national average.