Total monthly cost of ownership
Cost to Own a Home in Keosauqua, Iowa
A $108,000 home here costs
$1,049per 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 $45,000 a year.
A standard mortgage calculator would have told you $589. The real number is $460 higher every month, 78% more than the payment most buyers budget for.
Compare Van Buren County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Keosauqua from a five-year rolling sample, and with about 1,014 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 Van Buren 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.
Keosauqua against Van Buren County and Iowa
| Measure | Keosauqua | Van Buren County |
|---|---|---|
| Median home value | $108,000 | $118,800 |
| Median property tax | $1,360 | $1,427 |
| Effective tax rate | 1.259% | 1.201% |
| Median gross rent | $440 | $686 |
| Population | 1,014 | 7,236 |
The weather behind that power bill
Keosauqua sits in Van Buren County, which averages a high of 85.9°F in its hottest month and a low of 13.8°F in its coldest, with 39.71" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 980 cooling and 6,180 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Van Buren County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Van Buren County
No other places of this size are published in Van Buren County.
Talk to someone who works this market
These are Keosauqua 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 Keosauqua every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Keosauqua I already own here and may sell
Common questions
How much does it cost to own a home in Keosauqua?
A $108,000 home in Keosauqua, Iowa costs approximately $1,049 per month with 20% down at 7.24%. That is $589 principal and interest, $113 property tax, $47 homeowners insurance, $210 utilities and $90 set aside for maintenance.
What is the property tax rate in Keosauqua?
Keosauqua has an effective property tax rate of 1.259%, based on a median home value of $108,000 and median real estate taxes of $1,360. That is higher than the Van Buren County average of 1.201%.
What is the average home price in Keosauqua?
The median owner-occupied home value in Keosauqua, Iowa is $108,000, against $118,800 across Van Buren County.
Is it cheaper to rent or buy in Keosauqua?
Median gross rent in Keosauqua is $440 a month, against $1,049 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 Keosauqua?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Keosauqua, Iowa at today's rate takes a household income of roughly $45,000 a year. That covers the full $1,049 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Keosauqua, 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.