Total monthly cost of ownership
Cost to Own a Home in Holstein, Iowa
A $113,000 home here costs
$1,074per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $46,000 a year.
A standard mortgage calculator would have told you $616. The real number is $458 higher every month, 74% more than the payment most buyers budget for.
Compare Ida County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Holstein from a five-year rolling sample, and with about 1,552 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Ida County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Holstein against Ida County and Iowa
| Measure | Holstein | Ida County |
|---|---|---|
| Median home value | $113,200 | $108,800 |
| Median property tax | $1,256 | $1,158 |
| Effective tax rate | 1.110% | 1.064% |
| Median gross rent | $844 | $669 |
| Population | 1,552 | 6,944 |
The weather behind that power bill
Holstein sits in Ida County, which averages a high of 85.0°F in its hottest month and a low of 10.4°F in its coldest, with 29.27" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 866 cooling and 6,860 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Ida County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ida County
Talk to someone who works this market
These are Holstein averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Holstein every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Holstein I already own here and may sell
Common questions
How much does it cost to own a home in Holstein?
A $113,000 home in Holstein, Iowa costs approximately $1,074 per month with 20% down at 7.24%. That is $616 principal and interest, $105 property tax, $49 homeowners insurance, $210 utilities and $94 set aside for maintenance.
What is the property tax rate in Holstein?
Holstein has an effective property tax rate of 1.110%, based on a median home value of $113,200 and median real estate taxes of $1,256. That is higher than the Ida County average of 1.064%.
What is the average home price in Holstein?
The median owner-occupied home value in Holstein, Iowa is $113,200, against $108,800 across Ida County.
Is it cheaper to rent or buy in Holstein?
Median gross rent in Holstein is $844 a month, against $1,074 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Holstein?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Holstein, Iowa at today's rate takes a household income of roughly $46,000 a year. That covers the full $1,074 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Holstein, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Iowa.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.