Burlington, IA home prices
Typical home $143,369 · +3.0% in a year · income needed $43,900
The Burlington, IA metro area ranks 827 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.0% in a year and +11.7% over five years. With 20% down at 7.11%, the typical home costs about $1,023 a month including 1.51% property tax (Des Moines County rate).
Mortgage on the typical Burlington home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $28,674 | $114,695 | $772 | $0 | $252 | $1,023 | $43,900 |
| 10% down | $14,337 | $129,032 | $868 | $54 | $252 | $1,174 | $50,300 |
| 5% down | $7,168 | $136,200 | $916 | $57 | $252 | $1,225 | $52,500 |
| 3.5% down (FHA) | $5,018 | $140,772 | $947 | $63 | $252 | $1,262 | $54,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.51% 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.
Counties in the Burlington area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Des Moines County, IA | $147,927 | +2.7% | 1.51% |
| Henderson County, IL | $125,477 | +5.4% | 1.58% |
What can you afford in Iowa on your salary? · Iowa home prices · Salaries in Iowa
Frequently asked questions
How much is a house in Burlington?
The typical home in the Burlington, IA metro area is worth $143,369 (Zillow, September 2026).
What salary do you need to buy a house in Burlington?
About $43,900 a year for the typical home with 20% down at 7.11%.