Market Overview
Home Prices in Tama, IA
The median home value in Tama, IA is $141,315 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.7% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tama are priced66% below average.
Over the past five years, Tama home values have risen by approximately32.5%, reflecting strong long-term appreciation in this market.
Price History
Tama Home Price Trend
2020
$93,690
$94K
—
2021
$106,619
$107K
+13.8%
2022
$121,584
$122K
+14.0%
2023
$125,837
$126K
+3.5%
2024
$133,308
$133K
+5.9%
2025
$137,635
$138K
+3.2%
2026
$141,315
$141K
+2.7%
City Comparison
Tama vs. National Median
🏠 Tama
$141,315
National Median
$410,000
At $141,315, homes in Tama cost 66% below the national median of $410,000. This makes Tama a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tama?
20% Down Payment
$28,263
on $141,315
Monthly P&I
$737/mo
30-yr @ 6.8%
Total Monthly Est.
~$936/mo
incl. taxes & insurance
Income Needed
$37,440
gross annual (30% rule)
10% Down Option
$14,132
+ PMI applies
Loan Amount (20% dn)
$113,052
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 Tama, IA?
The median home value in Tama is $141,315 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.7% year-over-year.
How much have home prices changed in Tama?
Over the past year, home values in Tama have increased by 2.7%. Over five years, prices have risen approximately 32.5%.
How much do I need to earn to buy a home in Tama?
To comfortably afford the median home price of $141,315 with a 20% down payment ($28,263) at today's rates (6.8%), you'd need a gross annual income of approximately $37,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Tama compare to the national average home price?
The national median home value is approximately $410,000. At $141,315, homes in Tama are 66% below the national average.