Market Overview
Home Prices in Iowa Colony, TX
The median home value in Iowa Colony, TX is $338,155 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.6% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Iowa Colony are priced18% below average. Iowa Colony is part of the Houston-The Woodlands-Sugar Land, TX metro area.
Over the past five years, Iowa Colony home values have risen by approximately10.4%, reflecting steady appreciation in this market.
Price History
Iowa Colony Home Price Trend
City Comparison
Iowa Colony vs. National Median
At $338,155, homes in Iowa Colony cost 18% below the national median of $410,000. This makes Iowa Colony a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Iowa Colony?
20% Down Payment
$67,631
on $338,155
Monthly P&I
$1,764/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,240/mo
incl. taxes & insurance
Income Needed
$89,600
gross annual (30% rule)
10% Down Option
$33,816
+ PMI applies
Loan Amount (20% dn)
$270,524
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 Iowa Colony, TX?
The median home value in Iowa Colony is $338,155 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.6% year-over-year.
How much have home prices changed in Iowa Colony?
Over the past year, home values in Iowa Colony have decreased by 4.6%. Over five years, prices have risen approximately 10.4%.
How much do I need to earn to buy a home in Iowa Colony?
To comfortably afford the median home price of $338,155 with a 20% down payment ($67,631) at today's rates (6.8%), you'd need a gross annual income of approximately $89,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Iowa Colony compare to the national average home price?
The national median home value is approximately $410,000. At $338,155, homes in Iowa Colony are 18% below the national average.
What metro area is Iowa Colony part of?
Iowa Colony is part of the Houston-The Woodlands-Sugar Land, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.