Market Overview
Home Prices in Tracy, IA
The median home value in Tracy, IA is $181,958 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and down 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tracy are priced56% below average. Tracy is part of the Pella, IA metro area.
Price History
Tracy Home Price Trend
2022
$161,545
$162K
—
2023
$165,657
$166K
+2.5%
2024
$182,327
$182K
+10.1%
2025
$175,662
$176K
-3.7%
2026
$181,958
$182K
+3.6%
City Comparison
Tracy vs. National Median
🏠 Tracy
$181,958
National Median
$410,000
At $181,958, homes in Tracy cost 56% below the national median of $410,000. This makes Tracy a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tracy?
20% Down Payment
$36,392
on $181,958
Monthly P&I
$949/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,205/mo
incl. taxes & insurance
Income Needed
$48,200
gross annual (30% rule)
10% Down Option
$18,196
+ PMI applies
Loan Amount (20% dn)
$145,566
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 Tracy, IA?
The median home value in Tracy is $181,958 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Tracy?
Over the past year, home values in Tracy have increased by 3.6%.
How much do I need to earn to buy a home in Tracy?
To comfortably afford the median home price of $181,958 with a 20% down payment ($36,392) at today's rates (6.8%), you'd need a gross annual income of approximately $48,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Tracy compare to the national average home price?
The national median home value is approximately $410,000. At $181,958, homes in Tracy are 56% below the national average.
What metro area is Tracy part of?
Tracy is part of the Pella, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.