Market Overview
Home Prices in Westgate, IA
The median home value in Westgate, IA is $188,072 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13.9% compared to a year ago and up 6.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Westgate are priced54% below average.
Over the past five years, Westgate home values have risen by approximately53.2%, reflecting strong long-term appreciation in this market.
Price History
Westgate Home Price Trend
2020
$112,475
$112K
—
2021
$122,743
$123K
+9.1%
2022
$146,683
$147K
+19.5%
2023
$156,745
$157K
+6.9%
2024
$154,773
$155K
-1.3%
2025
$165,180
$165K
+6.7%
2026
$188,072
$188K
+13.9%
City Comparison
Westgate vs. National Median
🏠 Westgate
$188,072
National Median
$410,000
At $188,072, homes in Westgate cost 54% below the national median of $410,000. This makes Westgate a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Westgate?
20% Down Payment
$37,614
on $188,072
Monthly P&I
$981/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,246/mo
incl. taxes & insurance
Income Needed
$49,840
gross annual (30% rule)
10% Down Option
$18,807
+ PMI applies
Loan Amount (20% dn)
$150,458
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 Westgate, IA?
The median home value in Westgate is $188,072 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13.9% year-over-year.
How much have home prices changed in Westgate?
Over the past year, home values in Westgate have increased by 13.9%. Over five years, prices have risen approximately 53.2%.
How much do I need to earn to buy a home in Westgate?
To comfortably afford the median home price of $188,072 with a 20% down payment ($37,614) at today's rates (6.8%), you'd need a gross annual income of approximately $49,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Westgate compare to the national average home price?
The national median home value is approximately $410,000. At $188,072, homes in Westgate are 54% below the national average.