Is Latimer, IA 50452 a buyer’s or seller’s market?
Latimer is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Latimer housing market right now
In the three months ending August 31, 2026, 0% of homes in Latimer, IA 50452 sold above their list price, the typical home went under contract in 174 days and there were 6.4 months of supply. Six or more months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (62 days then) and the median sale price rose 32% to $119,948. Overall, Latimer is less competitive than a year ago, which gives buyers more room.
Nearby, Sheffield 50475 (17% sold over asking) and Hampton 50441 (5% sold over asking) are even more competitive.
Run the numbers for 50452
Nearby markets
Ackley 50601Balanced $86 /sq ftAlexander 50420 — /sq ftHampton 50441Seller’s market $102 /sq ftSheffield 50475Seller’s market $122 /sq ft Browse all markets →Questions about Latimer real estate
Is Latimer a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Latimer, IA 50452 in the three months ending August 31, 2026. Under three months usually favors sellers, and six or more favors buyers.
How fast do homes sell in Latimer?
The typical home went under contract in 174 days in the latest three months.
Do homes in Latimer sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.4% of the list price.
What are property taxes in Latimer?
About 1.32% of a home’s value a year in Franklin County, or roughly $5,280 on a $400,000 home.
What is the median home price in Latimer?
The median sale price was $119,948 in the three months ending August 31, 2026, about $75 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology