Market Overview
Home Prices in Woodward, IA
The median home value in Woodward, IA is $303,544 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.4% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Woodward are priced26% below average. Woodward is part of the Ames, IA metro area.
Over the past five years, Woodward home values have risen by approximately34.6%, reflecting strong long-term appreciation in this market.
Price History
Woodward Home Price Trend
City Comparison
Woodward vs. National Median
At $303,544, homes in Woodward cost 26% below the national median of $410,000. This makes Woodward a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Woodward?
20% Down Payment
$60,709
on $303,544
Monthly P&I
$1,583/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,010/mo
incl. taxes & insurance
Income Needed
$80,400
gross annual (30% rule)
10% Down Option
$30,354
+ PMI applies
Loan Amount (20% dn)
$242,835
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 Woodward, IA?
The median home value in Woodward is $303,544 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 Woodward?
Over the past year, home values in Woodward have increased by 6.4%. Over five years, prices have risen approximately 34.6%.
How much do I need to earn to buy a home in Woodward?
To comfortably afford the median home price of $303,544 with a 20% down payment ($60,709) at today's rates (6.8%), you'd need a gross annual income of approximately $80,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Woodward compare to the national average home price?
The national median home value is approximately $410,000. At $303,544, homes in Woodward are 26% below the national average.
What metro area is Woodward part of?
Woodward is part of the Ames, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.