Henry County, Iowa home prices
Typical home $192,451 · +6.2% in a year · property tax 1.56%
The typical home in Henry County is worth $192,451, 19% less than the Iowa typical home ($236,623). Values changed +6.2% in the past year and +20.4% over five years. Homeowners here pay a median 1.56% of their home's value in property tax each year ($2,997 on the typical home), versus 1.27% statewide.
Mortgage on the typical Henry County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $38,490 | $153,961 | $1,036 | $0 | $346 | $1,382 | $59,200 |
| 10% down | $19,245 | $173,206 | $1,165 | $72 | $346 | $1,583 | $67,900 |
| 5% down | $9,623 | $182,829 | $1,230 | $76 | $346 | $1,652 | $70,800 |
| 3.5% down (FHA) | $6,736 | $188,966 | $1,271 | $85 | $346 | $1,702 | $73,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.56% 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 |
|---|---|---|---|
| Marshall County | $192,339 | +3.6% | 1.42% |
| Worth County | $190,414 | +4.6% | 1.1% |
| Butler County | $190,215 | +4.8% | 1.35% |
| O Brien County | $194,875 | +8.0% | 0.98% |
| Clay County | $195,966 | +4.2% | 1.15% |
| Clarke County | $197,299 | +2.6% | 1.6% |
| Adair County | $197,786 | +8.4% | 1.28% |
| Buena Vista County | $186,332 | -0.2% | 1.21% |
| Black Hawk County | $185,880 | +0.4% | 1.5% |
| Van Buren County | $185,789 | +4.3% | 1.18% |
Frequently asked questions
What is the average home price in Henry County, IA?
The typical home value in Henry County is $192,451 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Henry County?
About $59,200 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Henry County?
The median effective rate is 1.56% of home value a year (Census ACS 2024 5-year estimates).