Marshalltown, IA home prices
Typical home $192,354 · +3.6% in a year · income needed $58,200
The Marshalltown, IA metro area ranks 670 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.6% in a year and +23.8% over five years. With 20% down at 7.11%, the typical home costs about $1,359 a month including 1.42% property tax (Marshall County rate).
Mortgage on the typical Marshalltown home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $38,471 | $153,883 | $1,035 | $0 | $324 | $1,359 | $58,200 |
| 10% down | $19,235 | $173,119 | $1,165 | $72 | $324 | $1,561 | $66,900 |
| 5% down | $9,618 | $182,736 | $1,229 | $76 | $324 | $1,629 | $69,800 |
| 3.5% down (FHA) | $6,732 | $188,870 | $1,271 | $85 | $324 | $1,680 | $72,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.42% 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 Marshalltown area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Marshall County, IA | $192,339 | +3.6% | 1.42% |
What can you afford in Iowa on your salary? · Iowa home prices · Salaries in Iowa
Frequently asked questions
How much is a house in Marshalltown?
The typical home in the Marshalltown, IA metro area is worth $192,354 (Zillow, September 2026).
What salary do you need to buy a house in Marshalltown?
About $58,200 a year for the typical home with 20% down at 7.11%.