House Prices

House Prices & Home Values Elma, IA 2026


Average Data

average house price$70,500
average size per house1163 ft²
average price per ft²61 $ / ft²

05/22/2026 - The value range (VR) for house prices in Elma, IA is $41/ sqft to $41/ sqft. An average home with 1163 sqft costs approximately $47,683 to $47,683. Elma, IA includes 1 ZIP codes and it is located in Howard county. The lowest prices are found in ZIP 50628, while the highest are in ZIP 50628. The average price per sqare feet is $61. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Elma

5062845 $ / ft²




Historical development of home values in Elma

Year Estimated value (USD) Change vs. 2025
2010 $32,741 -53.6%
2011 $31,475 -55.4%
2012 $31,391 -55.5%
2013 $32,564 -53.8%
2014 $34,183 -51.5%
2015 $35,938 -49.0%
2016 $37,813 -46.4%
2017 $39,854 -43.5%
2018 $42,057 -40.3%
2019 $44,007 -37.6%
2020 $46,282 -34.4%
2021 $52,641 -25.3%
2022 $61,368 -13.0%
2023 $64,715 -8.2%
2024 $68,459 -2.9%
2025 $70,500 0.0%

Graph: estimated home values in Elma over time (USD)



Example: 100% financing house in Elma

Loan amount: $70,500

Interest rate: 6.00%

Fixed monthly payment: $422.68

Breakdown in the 1st month:
Interest portion: $352.50  –  Principal portion: $70.18

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $4,206.45 $865.75 $69,634.25
2 $4,153.05 $919.15 $68,715.11
3 $4,096.36 $975.84 $67,739.27
4 $4,036.17 $1,036.02 $66,703.25
5 $3,972.27 $1,099.92 $65,603.32
6 $3,904.43 $1,167.76 $64,435.56
7 $3,832.41 $1,239.79 $63,195.77
8 $3,755.94 $1,316.26 $61,879.51
9 $3,674.76 $1,397.44 $60,482.07
10 $3,588.57 $1,483.63 $58,998.44
11 $3,497.06 $1,575.14 $57,423.30
12 $3,399.91 $1,672.29 $55,751.01
13 $3,296.76 $1,775.43 $53,975.57
14 $3,187.26 $1,884.94 $52,090.63
15 $3,071.00 $2,001.20 $50,089.44
16 $2,947.57 $2,124.63 $47,964.81
17 $2,816.53 $2,255.67 $45,709.14
18 $2,677.40 $2,394.79 $43,314.34
19 $2,529.70 $2,542.50 $40,771.84
20 $2,372.88 $2,699.32 $38,072.53
21 $2,206.39 $2,865.80 $35,206.72
22 $2,029.64 $3,042.56 $32,164.16
23 $1,841.98 $3,230.22 $28,933.95
24 $1,642.75 $3,429.45 $25,504.49
25 $1,431.22 $3,640.97 $21,863.52
26 $1,206.66 $3,865.54 $17,997.98
27 $968.24 $4,103.96 $13,894.02
28 $715.12 $4,357.08 $9,536.94
29 $446.38 $4,625.82 $4,911.13
30 $161.07 $4,911.13 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Elma, IA


1500 sqft3900 sqft
Ø selling price$110,716$235,522
Ø fast selling$100,651$211,969
Ø high price sale$120,781$259,074

In 2026, houses in Elma, IA will be offered at an average price of $61 per square foot. A 1,500 sqft home priced at $110,716 is 24.96% more expensive per square foot than a 3,900 sqft home priced at $235,522. Home prices in Elma, IA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $163,053. Sellers who can wait longer may achieve a higher price of up to $199,288.

FAQ – Home Values in Elma

What is the median home value in Elma in 2026?

In 2026, the typical home value in Elma is about $70,500 for an average home size of 1163 square feet. This corresponds to an average price of roughly $61 per square foot.

What is the average cost per square foot in Elma?

In 2026, homes in Elma sell for an average of around $61 per square foot, with a typical range between $41 and $41 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Elma is about 1163 square feet, with an estimated 2026 value around $70,500.



Locations close to Elma, IA

Fairbank, IA167 $ / ft²
Fredericksburg, IA54 $ / ft²
Garwin, IA126 $ / ft²
Eldora, IA59 $ / ft²
Dunkerton, IA45 $ / ft²
Dumont, IA46 $ / ft²
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