Median home value

$176,000Median home value · Census

Property tax rate

1.36%Below state avg 1.39%Median bill $2,390/yr · Census

Median rent

$8482-bed $835Per month · Census

30-yr mortgage rate

7.24%Freddie Mac weekly average

What the numbers say

Buchanan County, IA real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Buchanan County pay a median of $2,390 a year in property taxes on a median home value of $176,000, an effective rate of about 1.36%. The Iowa average is 1.39%, which makes Buchanan County the #62 lowest-tax of 99 counties in the state with published tax data.

Renters pay a median of $848 a month, and $835 for a two-bedroom. At today's prices a typical home costs about 17 times a year's rent.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $176,000 home here comes to about $1,232 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $53,000 a year (the median household here earns $78,236).

Monthly payment on a typical home

$1,232/mo
  • Principal & interest$960
  • Property tax$199
  • Insurance (est.)$73

$176,000 home · 20% down · 7.24% 30-year fixed

Run your own numbers

Rents in Buchanan County by bedrooms

1 bedroom$56327% below state
2 bedrooms$83516% below state
3 bedrooms$1,05112% below state
4 bedrooms$1,2173% below state

Median gross rent (rent plus utilities), US Census American Community Survey 2024 5-year estimates.

Selling here?See what you'd walk away with after commissions and closing costs.Seller net sheet → Buying here?Monthly payment with Buchanan County's real property tax rate.Mortgage calculator → Agent here?Find out how many listing appointments you need to hit your income goal.Agent income calculator →

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Sources: Realtor.com housing inventory (monthly) and Freddie Mac Primary Mortgage Market Survey (weekly), via FRED, Federal Reserve Bank of St. Louis; US Census Bureau American Community Survey 5-year estimates (property taxes, home values, rents, income). Insurance is an estimate. Medians for the whole county; individual homes vary. For information only.