Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Homestead area can be challenging. Home prices in Homestead are now at a median cost of $227,081, higher than the Iowa average of $182,666.
The average cost of rent is $817/mo in Homestead, primarily driven by the current value of real estate in the Homestead area. While nearly 48.24% of residents own their homes outright in Homestead, 12.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Homestead is $5,624 per month. Households that rent pay about 14.53% of their income on rent here. Homestead's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- South Amana, IA: less expensive homes
- Middle Amana, IA: less expensive homes
- Oxford, IA: higher priced homes
- Amana, IA: less expensive homes
- East Amana, IA: higher priced homes
- Conroy, IA: less expensive homes
- Windham, IA: higher priced homes
- Williamsburg, IA: less expensive homes
- Tiffin, IA: higher priced homes
- Parnell, IA: less expensive homes
Cities with Similar Populations
- Eden, VT: less expensive homes
- Sprague, WA: less expensive homes
- Spencer, MI: less expensive homes
- Spanishburg, WV: less expensive homes
- Southville, KY: equally priced homes
- South Union, KY: less expensive homes
- South Strafford, VT: higher priced homes
- South Branch, MI: less expensive homes
- Farwell, MN: higher priced homes
- Evergreen, LA: less expensive homes
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