The typical owner-occupied home in Keosauqua is worth about $98,500, 53% below the Iowa median of $208,000 and 70% below the national median of $332,700. Owners pay a median $1,176 a year in property taxes, about 1.19% of their home's value, lower than the Iowa rate of 1.39%. The median household earns $51,136 a year, so the median home costs 1.9 times the median income (2.8 times for Iowa). 81% of occupied homes here are lived in by their owners, and 40% of those owners still have a mortgage.
Keosauqua at a glance
| Keosauqua | Iowa | U.S. | |
|---|---|---|---|
| Median home value | $98,500 | $208,000 | $332,700 |
| Median property tax paid per year | $1,176 | $2,897 | $3,119 |
| Property tax as a share of value | 1.19% | 1.39% | 0.94% |
| Median household income | $51,136 | $75,059 | $80,734 |
| Homes lived in by their owners | 81% | 72% | 65% |
| Owner homes with a mortgage | 40% | 59% | 61% |
| Median monthly costs, owners with a mortgage | $1,167 | $1,533 | $1,963 |
| Those costs as a share of the owners' income | 18.4% | 18.7% | 21.0% |
| Median rent | $480 | $972 | $1,413 |
| Rent as a share of renters' income | 20.8% | 27.4% | 30.6% |
| Median year homes were built | 1970 | 1972 | 1980 |
| Vacant homes | 10.6% | 8.5% | 10.1% |
| Population | 914 | 3,210,507 | 334,922,499 |
What a typical home costs per month in Keosauqua
At this week's average 30-year rate of 7.11%, buying the median Keosauqua home of $98,500 with 20% down costs about $669 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $833, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $28,663 for the 20%-down payment. That payment is 16% of the median Keosauqua household income of $51,136; at that income and 20% down, the 28% guideline points to a home of about $176,000.
The median rent here is $480 a month, so owning the median home costs about $189 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $19,700 |
|---|---|
| Loan amount | $78,800 |
| Principal and interest | $530 |
| Property taxes (1.19% a year) | $98 |
| Homeowners insurance (our estimate, 0.5% a year) | $41 |
| PMI | $0 |
| Total per month | $669 |
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| Down payment | $3,448 |
|---|---|
| Loan amount | $96,716 |
| Principal and interest | $651 |
| Property taxes (1.19% a year) | $98 |
| Homeowners insurance (our estimate, 0.5% a year) | $41 |
| FHA mortgage insurance | $44 |
| Total per month | $833 |
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Questions about home buying in Keosauqua
What is the median home value in Keosauqua?
About $98,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Keosauqua?
Homeowners pay a median $1,176 a year, which is about 1.19% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Keosauqua?
For the median home with 20% down at 7.11%, the payment is about $669 a month. Keeping that under 28% of gross income takes about $28,663 a year.
More about Keosauqua
- Mortgage Refinance in Keosauqua
- Debt Relief in Keosauqua
- Home Equity Loans in Keosauqua
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data