Market Overview
Home Prices in Waukee, IA
The median home value in Waukee, IA is $343,420 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.9% compared to a year ago and down 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Waukee are priced16% below average. Waukee is part of the Des Moines-West Des Moines, IA metro area.
Over the past five years, Waukee home values have risen by approximately9.7%, reflecting steady appreciation in this market.
Price History
Waukee Home Price Trend
City Comparison
Waukee vs. National Median
At $343,420, homes in Waukee cost 16% below the national median of $410,000. This makes Waukee a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Waukee?
20% Down Payment
$68,684
on $343,420
Monthly P&I
$1,791/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,275/mo
incl. taxes & insurance
Income Needed
$91,000
gross annual (30% rule)
10% Down Option
$34,342
+ PMI applies
Loan Amount (20% dn)
$274,736
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 Waukee, IA?
The median home value in Waukee is $343,420 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.9% year-over-year.
How much have home prices changed in Waukee?
Over the past year, home values in Waukee have decreased by 1.9%. Over five years, prices have risen approximately 9.7%.
How much do I need to earn to buy a home in Waukee?
To comfortably afford the median home price of $343,420 with a 20% down payment ($68,684) at today's rates (6.8%), you'd need a gross annual income of approximately $91,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Waukee compare to the national average home price?
The national median home value is approximately $410,000. At $343,420, homes in Waukee are 16% below the national average.
What metro area is Waukee part of?
Waukee is part of the Des Moines-West Des Moines, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.