The typical owner-occupied home in Harcourt is worth about $85,000, 59% below the Iowa median of $208,000 and 74% below the national median of $332,700. Owners pay a median $1,179 a year in property taxes, about 1.39% of their home's value, close to the Iowa rate of 1.39%. The median household earns $72,708 a year, so the median home costs 1.2 times the median income (2.8 times for Iowa). 79% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Harcourt at a glance
| Harcourt | Iowa | U.S. | |
|---|---|---|---|
| Median home value | $85,000 | $208,000 | $332,700 |
| Median property tax paid per year | $1,179 | $2,897 | $3,119 |
| Property tax as a share of value | 1.39% | 1.39% | 0.94% |
| Median household income | $72,708 | $75,059 | $80,734 |
| Homes lived in by their owners | 79% | 72% | 65% |
| Owner homes with a mortgage | 57% | 59% | 61% |
| Median monthly costs, owners with a mortgage | $789 | $1,533 | $1,963 |
| Those costs as a share of the owners' income | 26.9% | 18.7% | 21.0% |
| Median rent | $550 | $972 | $1,413 |
| Rent as a share of renters' income | 25.0% | 27.4% | 30.6% |
| Median year homes were built | 1957 | 1972 | 1980 |
| Vacant homes | 14.2% | 8.5% | 10.1% |
| Population | 249 | 3,210,507 | 334,922,499 |
What a typical home costs per month in Harcourt
At this week's average 30-year rate of 7.11%, buying the median Harcourt home of $85,000 with 20% down costs about $591 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $733, 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 $25,342 for the 20%-down payment. That payment is 10% of the median Harcourt household income of $72,708; at that income and 20% down, the 28% guideline points to a home of about $244,000.
The median rent here is $550 a month, so owning the median home costs about $41 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $17,000 |
|---|---|
| Loan amount | $68,000 |
| Principal and interest | $457 |
| Property taxes (1.39% a year) | $98 |
| Homeowners insurance (our estimate, 0.5% a year) | $35 |
| PMI | $0 |
| Total per month | $591 |
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| Down payment | $2,975 |
|---|---|
| Loan amount | $83,460 |
| Principal and interest | $561 |
| Property taxes (1.39% a year) | $98 |
| Homeowners insurance (our estimate, 0.5% a year) | $35 |
| FHA mortgage insurance | $38 |
| Total per month | $733 |
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Questions about home buying in Harcourt
What is the median home value in Harcourt?
About $85,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Harcourt?
Homeowners pay a median $1,179 a year, which is about 1.39% 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 Harcourt?
For the median home with 20% down at 7.11%, the payment is about $591 a month. Keeping that under 28% of gross income takes about $25,342 a year.
More about Harcourt
- Mortgage Refinance in Harcourt
- Debt Relief in Harcourt
- Home Equity Loans in Harcourt
- 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