Buchanan County, Iowa home prices
Typical home $215,302 · +4.7% in a year · property tax 1.36%
The typical home in Buchanan County is worth $215,302, 9% less than the Iowa typical home ($236,623). Values changed +4.7% in the past year and +31.8% over five years. Homeowners here pay a median 1.36% of their home's value in property tax each year ($2,924 on the typical home), versus 1.27% statewide.
Mortgage on the typical Buchanan County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $43,060 | $172,242 | $1,159 | $0 | $351 | $1,510 | $64,700 |
| 10% down | $21,530 | $193,772 | $1,304 | $81 | $351 | $1,736 | $74,400 |
| 5% down | $10,765 | $204,537 | $1,376 | $85 | $351 | $1,812 | $77,700 |
| 3.5% down (FHA) | $7,536 | $211,402 | $1,422 | $95 | $351 | $1,869 | $80,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.36% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Iowa.
Iowa counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Mitchell County | $213,898 | +4.1% | 1.1% |
| Chickasaw County | $216,973 | +5.1% | 1.02% |
| Shelby County | $212,688 | +4.2% | 1.28% |
| Carroll County | $212,289 | +6.1% | 1.09% |
| Grundy County | $218,375 | +2.0% | 1.14% |
| Woodbury County | $207,499 | +2.8% | 1.45% |
| Poweshiek County | $223,287 | +7.8% | 1.22% |
| Harrison County | $223,581 | +4.6% | 1.32% |
| Muscatine County | $205,712 | +5.6% | 1.5% |
| Cerro Gordo County | $204,868 | +3.0% | 1.45% |
Frequently asked questions
What is the average home price in Buchanan County, IA?
The typical home value in Buchanan County is $215,302 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Buchanan County?
About $64,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Buchanan County?
The median effective rate is 1.36% of home value a year (Census ACS 2024 5-year estimates).