Market Overview
Home Prices in Wahpeton, IA
The median home value in Wahpeton, IA is $580,619 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.3% compared to a year ago and up 6.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wahpeton are priced42% above average. Wahpeton is part of the Spirit Lake, IA metro area.
Over the past five years, Wahpeton home values have risen by approximately50.2%, reflecting strong long-term appreciation in this market.
Price History
Wahpeton Home Price Trend
City Comparison
Wahpeton vs. National Median
At $580,619, homes in Wahpeton cost 42% above the national median of $410,000. Buyers in Wahpeton should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Wahpeton?
20% Down Payment
$116,124
on $580,619
Monthly P&I
$3,028/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,846/mo
incl. taxes & insurance
Income Needed
$153,840
gross annual (30% rule)
10% Down Option
$58,062
+ PMI applies
Loan Amount (20% dn)
$464,495
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 Wahpeton, IA?
The median home value in Wahpeton is $580,619 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.3% year-over-year.
How much have home prices changed in Wahpeton?
Over the past year, home values in Wahpeton have increased by 6.3%. Over five years, prices have risen approximately 50.2%.
How much do I need to earn to buy a home in Wahpeton?
To comfortably afford the median home price of $580,619 with a 20% down payment ($116,124) at today's rates (6.8%), you'd need a gross annual income of approximately $153,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Wahpeton compare to the national average home price?
The national median home value is approximately $410,000. At $580,619, homes in Wahpeton are 42% above the national average.
What metro area is Wahpeton part of?
Wahpeton is part of the Spirit Lake, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.