Market Overview
Home Prices in Thurman, IA
The median home value in Thurman, IA is $219,962 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.7% compared to a year ago and up 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Thurman are priced46% below average.
Over the past five years, Thurman home values have risen by approximately23.6%, reflecting strong long-term appreciation in this market.
Price History
Thurman Home Price Trend
2020
$151,588
$152K
—
2021
$177,894
$178K
+17.4%
2022
$203,495
$203K
+14.4%
2023
$196,524
$197K
-3.4%
2024
$196,506
$197K
+-0.0%
2025
$196,988
$197K
+0.2%
2026
$219,962
$220K
+11.7%
City Comparison
Thurman vs. National Median
🏠 Thurman
$219,962
National Median
$410,000
At $219,962, homes in Thurman cost 46% below the national median of $410,000. This makes Thurman a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Thurman?
20% Down Payment
$43,992
on $219,962
Monthly P&I
$1,147/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,457/mo
incl. taxes & insurance
Income Needed
$58,280
gross annual (30% rule)
10% Down Option
$21,996
+ PMI applies
Loan Amount (20% dn)
$175,970
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 Thurman, IA?
The median home value in Thurman is $219,962 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.7% year-over-year.
How much have home prices changed in Thurman?
Over the past year, home values in Thurman have increased by 11.7%. Over five years, prices have risen approximately 23.6%.
How much do I need to earn to buy a home in Thurman?
To comfortably afford the median home price of $219,962 with a 20% down payment ($43,992) at today's rates (6.8%), you'd need a gross annual income of approximately $58,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Thurman compare to the national average home price?
The national median home value is approximately $410,000. At $219,962, homes in Thurman are 46% below the national average.