House Prices

House Prices & Home Values Promise City, IA 2026


Average Data

average house price$107,500
average size per house1339 ft²
average price per ft²81 $ / ft²

06/08/2026 - The value range (VR) for house prices in Promise City, IA is $80/ sqft to $80/ sqft. An average home with 1339 sqft costs approximately $107,120 to $107,120. Promise City, IA includes 1 ZIP codes and it is located in Wayne county. The lowest prices are found in ZIP 52583, while the highest are in ZIP 52583. The average price per sqare feet is $81. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Promise City

5258386 $ / ft²




Historical development of home values in Promise City

Year Estimated value (USD) Change vs. 2025
2010 $49,925 -53.6%
2011 $47,994 -55.4%
2012 $47,865 -55.5%
2013 $49,654 -53.8%
2014 $52,123 -51.5%
2015 $54,798 -49.0%
2016 $57,658 -46.4%
2017 $60,770 -43.5%
2018 $64,130 -40.3%
2019 $67,103 -37.6%
2020 $70,572 -34.4%
2021 $80,268 -25.3%
2022 $93,575 -13.0%
2023 $98,679 -8.2%
2024 $104,388 -2.9%
2025 $107,500 0.0%

Graph: estimated home values in Promise City over time (USD)



Example: 100% financing house in Promise City

Loan amount: $107,500

Interest rate: 6.00%

Fixed monthly payment: $644.52

Breakdown in the 1st month:
Interest portion: $537.50  –  Principal portion: $107.02

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $6,414.09 $1,320.11 $106,179.89
2 $6,332.67 $1,401.53 $104,778.35
3 $6,246.22 $1,487.98 $103,290.38
4 $6,154.45 $1,579.75 $101,710.62
5 $6,057.01 $1,677.19 $100,033.43
6 $5,953.57 $1,780.63 $98,252.80
7 $5,843.74 $1,890.46 $96,362.34
8 $5,727.14 $2,007.06 $94,355.28
9 $5,603.35 $2,130.85 $92,224.43
10 $5,471.93 $2,262.28 $89,962.15
11 $5,332.39 $2,401.81 $87,560.35
12 $5,184.25 $2,549.95 $85,010.40
13 $5,026.98 $2,707.22 $82,303.18
14 $4,860.00 $2,874.20 $79,428.98
15 $4,682.73 $3,051.47 $76,377.51
16 $4,494.52 $3,239.68 $73,137.83
17 $4,294.71 $3,439.50 $69,698.33
18 $4,082.57 $3,651.64 $66,046.70
19 $3,857.34 $3,876.86 $62,169.83
20 $3,618.22 $4,115.98 $58,053.86
21 $3,364.36 $4,369.84 $53,684.01
22 $3,094.84 $4,639.36 $49,044.65
23 $2,808.69 $4,925.51 $44,119.14
24 $2,504.90 $5,229.31 $38,889.83
25 $2,182.36 $5,551.84 $33,337.99
26 $1,839.94 $5,894.26 $27,443.73
27 $1,476.39 $6,257.81 $21,185.92
28 $1,090.43 $6,643.78 $14,542.15
29 $680.65 $7,053.55 $7,488.60
30 $245.60 $7,488.60 $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 Promise City, IA


1500 sqft3900 sqft
Ø selling price$147,015$312,741
Ø fast selling$133,650$281,467
Ø high price sale$160,380$344,016

In 2026, houses in Promise City, IA will be offered at an average price of $81 per square foot. A 1,500 sqft home priced at $147,015 is 24.56% more expensive per square foot than a 3,900 sqft home priced at $312,741. Home prices in Promise City, IA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $216,514. Sellers who can wait longer may achieve a higher price of up to $264,628.

FAQ – Home Values in Promise City

What is the median home value in Promise City in 2026?

In 2026, the typical home value in Promise City is about $107,500 for an average home size of 1339 square feet. This corresponds to an average price of roughly $81 per square foot.

What is the average cost per square foot in Promise City?

In 2026, homes in Promise City sell for an average of around $81 per square foot, with a typical range between $80 and $80 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 Promise City is about 1339 square feet, with an estimated 2026 value around $107,500.



Locations close to Promise City, IA

Pulaski, IA110 $ / ft²
Richland, IA122 $ / ft²
Rose Hill, IA123 $ / ft²
Plano, IA121 $ / ft²
Packwood, IA103 $ / ft²
Oskaloosa, IA146 $ / ft²
  imprint  Privacy