Market Overview
Home Prices in Wheatland, IA
The median home value in Wheatland, IA is $155,789 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wheatland are priced62% below average. Wheatland is part of the Clinton, IA metro area.
Over the past five years, Wheatland home values have risen by approximately30.1%, reflecting strong long-term appreciation in this market.
Price History
Wheatland Home Price Trend
City Comparison
Wheatland vs. National Median
At $155,789, homes in Wheatland cost 62% below the national median of $410,000. This makes Wheatland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wheatland?
20% Down Payment
$31,158
on $155,789
Monthly P&I
$813/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,033/mo
incl. taxes & insurance
Income Needed
$41,320
gross annual (30% rule)
10% Down Option
$15,579
+ PMI applies
Loan Amount (20% dn)
$124,631
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 Wheatland, IA?
The median home value in Wheatland is $155,789 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in Wheatland?
Over the past year, home values in Wheatland have increased by 3.3%. Over five years, prices have risen approximately 30.1%.
How much do I need to earn to buy a home in Wheatland?
To comfortably afford the median home price of $155,789 with a 20% down payment ($31,158) at today's rates (6.8%), you'd need a gross annual income of approximately $41,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Wheatland compare to the national average home price?
The national median home value is approximately $410,000. At $155,789, homes in Wheatland are 62% below the national average.
What metro area is Wheatland part of?
Wheatland is part of the Clinton, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.