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Is Patterson, IA 50218 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Patterson is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list99%Sold price ÷ list price

Median days on market60Listing to accepted offer

Median price per sq ft$238▲ +32.6% vs. last year

Run the numbers for 50218

Prefilled for 50218Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50218Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cumming 50061Balanced $197 /sq ft Dexter 50070Seller’s market $174 /sq ft Earlham 50072Seller’s market $176 /sq ft Lorimor 50149 — /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology