The median home in Peterson, Iowa is valued at $156,426, up 6.1% year over year. Peterson is part of the Spencer, IA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Spencer, IA stress score, crash risk, and 12-month forecast →

Home Value$156,426

+6.1%

AFFORDABILITY

Enter your income for Peterson.

Income (annual)

Down Payment

$31,285 on $156,426

Affordable — 18.3% of income

Under the 28% guideline.

PITI$1,146

P/I18.3%

Afford$239K

Room+$82K

P&I $791Tax $205Ins $150

6.50% 30yr, 20% down, county tax + IA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Iowa

Compare Peterson with other housing markets across Iowa.

West Okoboji$794K Orleans$629K Wahpeton$550K Shueyville$525K Cumming$508K Panora$474K Honey Creek$441K Ackworth$437K

Full Spencer, IA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Spencer, IA metro.

View Spencer, IA metro →

PETERSON, IA