Market Overview
Home Prices in Wall Lake, IA
The median home value in Wall Lake, IA is $169,202 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.4% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wall Lake are priced59% below average.
Price History
Wall Lake Home Price Trend
2022
$148,682
$149K
—
2023
$150,039
$150K
+0.9%
2024
$156,823
$157K
+4.5%
2025
$158,976
$159K
+1.4%
2026
$169,202
$169K
+6.4%
City Comparison
Wall Lake vs. National Median
🏠 Wall Lake
$169,202
National Median
$410,000
At $169,202, homes in Wall Lake cost 59% below the national median of $410,000. This makes Wall Lake a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wall Lake?
20% Down Payment
$33,840
on $169,202
Monthly P&I
$882/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,120/mo
incl. taxes & insurance
Income Needed
$44,800
gross annual (30% rule)
10% Down Option
$16,920
+ PMI applies
Loan Amount (20% dn)
$135,362
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 Wall Lake, IA?
The median home value in Wall Lake is $169,202 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.4% year-over-year.
How much have home prices changed in Wall Lake?
Over the past year, home values in Wall Lake have increased by 6.4%.
How much do I need to earn to buy a home in Wall Lake?
To comfortably afford the median home price of $169,202 with a 20% down payment ($33,840) at today's rates (6.8%), you'd need a gross annual income of approximately $44,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Wall Lake compare to the national average home price?
The national median home value is approximately $410,000. At $169,202, homes in Wall Lake are 59% below the national average.