Market Overview
Home Prices in Templeton, IA
The median home value in Templeton, IA is $240,163 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Templeton are priced41% below average. Templeton is part of the Carroll, IA metro area.
Over the past five years, Templeton home values have risen by approximately35.1%, reflecting strong long-term appreciation in this market.
Price History
Templeton Home Price Trend
City Comparison
Templeton vs. National Median
At $240,163, homes in Templeton cost 41% below the national median of $410,000. This makes Templeton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Templeton?
20% Down Payment
$48,033
on $240,163
Monthly P&I
$1,253/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,591/mo
incl. taxes & insurance
Income Needed
$63,640
gross annual (30% rule)
10% Down Option
$24,016
+ PMI applies
Loan Amount (20% dn)
$192,130
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 Templeton, IA?
The median home value in Templeton is $240,163 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1% year-over-year.
How much have home prices changed in Templeton?
Over the past year, home values in Templeton have increased by 1%. Over five years, prices have risen approximately 35.1%.
How much do I need to earn to buy a home in Templeton?
To comfortably afford the median home price of $240,163 with a 20% down payment ($48,033) at today's rates (6.8%), you'd need a gross annual income of approximately $63,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Templeton compare to the national average home price?
The national median home value is approximately $410,000. At $240,163, homes in Templeton are 41% below the national average.
What metro area is Templeton part of?
Templeton is part of the Carroll, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.