Market Overview
Home Prices in Wallingford, IA
The median home value in Wallingford, IA is $191,698 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 15% compared to a year ago and down 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wallingford are priced53% below average.
Over the past five years, Wallingford home values have risen by approximately20.4%, reflecting strong long-term appreciation in this market.
Price History
Wallingford Home Price Trend
2020
$143,598
$144K
—
2021
$159,211
$159K
+10.9%
2022
$166,324
$166K
+4.5%
2023
$164,723
$165K
-1.0%
2024
$168,991
$169K
+2.6%
2025
$166,683
$167K
-1.4%
2026
$191,698
$192K
+15.0%
City Comparison
Wallingford vs. National Median
🏠 Wallingford
$191,698
National Median
$410,000
At $191,698, homes in Wallingford cost 53% below the national median of $410,000. This makes Wallingford a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wallingford?
20% Down Payment
$38,340
on $191,698
Monthly P&I
$1,000/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,270/mo
incl. taxes & insurance
Income Needed
$50,800
gross annual (30% rule)
10% Down Option
$19,170
+ PMI applies
Loan Amount (20% dn)
$153,358
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 Wallingford, IA?
The median home value in Wallingford is $191,698 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 15% year-over-year.
How much have home prices changed in Wallingford?
Over the past year, home values in Wallingford have increased by 15%. Over five years, prices have risen approximately 20.4%.
How much do I need to earn to buy a home in Wallingford?
To comfortably afford the median home price of $191,698 with a 20% down payment ($38,340) at today's rates (6.8%), you'd need a gross annual income of approximately $50,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Wallingford compare to the national average home price?
The national median home value is approximately $410,000. At $191,698, homes in Wallingford are 53% below the national average.