Mortgage Rates in Iowa
Updated April 2026
Key Mortgage Metrics
Median Home Price
$205,000
30-Year Fixed Rate
6.6%
Property Tax Rate
1.57%
Est. Annual Property Tax
$3,219
Housing Market in Iowa
The median home price in Iowa is currently $205,000, with an average 30-year fixed mortgage rate of 6.6%. Property taxes in Iowa average 1.57% of home value, translating to approximately $3,219 annually on a median-priced home.
Use our mortgage calculator to estimate your monthly payments based on your specific down payment and loan terms.
First-Time Homebuyer Programs
Iowa offers several programs to help first-time homebuyers:
- Iowa Housing Finance Authority
- Rural home loans
Contact your state housing finance agency for eligibility requirements and application details.
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