Market Overview
Home Prices in Ute, IA
The median home value in Ute, IA is $133,555 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and down 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ute are priced67% below average.
Over the past five years, Ute home values have risen by approximately9.5%, reflecting steady appreciation in this market.
Price History
Ute Home Price Trend
2020
$102,151
$102K
—
2021
$121,936
$122K
+19.4%
2022
$135,988
$136K
+11.5%
2023
$135,325
$135K
-0.5%
2024
$134,072
$134K
-0.9%
2025
$128,856
$129K
-3.9%
2026
$133,555
$134K
+3.6%
City Comparison
Ute vs. National Median
🏠 Ute
$133,555
National Median
$410,000
At $133,555, homes in Ute cost 67% below the national median of $410,000. This makes Ute a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ute?
20% Down Payment
$26,711
on $133,555
Monthly P&I
$697/mo
30-yr @ 6.8%
Total Monthly Est.
~$885/mo
incl. taxes & insurance
Income Needed
$35,400
gross annual (30% rule)
10% Down Option
$13,356
+ PMI applies
Loan Amount (20% dn)
$106,844
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 Ute, IA?
The median home value in Ute is $133,555 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 Ute?
Over the past year, home values in Ute have increased by 3.6%. Over five years, prices have risen approximately 9.5%.
How much do I need to earn to buy a home in Ute?
To comfortably afford the median home price of $133,555 with a 20% down payment ($26,711) at today's rates (6.8%), you'd need a gross annual income of approximately $35,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Ute compare to the national average home price?
The national median home value is approximately $410,000. At $133,555, homes in Ute are 67% below the national average.