Is Osage, IA 50461 a buyer’s or seller’s market?
Osage is a seller’s market. With about 1.5 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 52% of U.S. ZIP codes, and #78 of 156 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Osage housing market right now
In the three months ending August 31, 2026, 22% of homes in Osage, IA 50461 sold above their list price, the typical home went under contract in 44 days and there were 1.5 months of supply. Under three months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 24 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (32 days then) and the median sale price rose 38% to $219,905. Overall, Osage is less competitive than a year ago, which gives buyers more room.
On our competition score, Osage ranks #78 of 156 IA ZIP codes with enough sales (score 51 out of 100).
Nearby, buyers who want less competition could look at Stacyville 50476 (0% sold over asking) or Saint Ansgar 50472 (0% sold over asking).
Run the numbers for 50461
Nearby markets
Saint Ansgar 50472Buyer’s market $112 /sq ftStacyville 50476Buyer’s market $95 /sq ft Browse all markets →Questions about Osage real estate
Is Osage a buyer’s or seller’s market?
A seller’s market: there were 1.5 months of supply in Osage, IA 50461 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 Osage?
The typical home went under contract in 44 days in the latest three months.
Do homes in Osage sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Osage?
About 1.10% of a home’s value a year in Mitchell County, or roughly $4,400 on a $400,000 home.
What is the median home price in Osage?
The median sale price was $219,905 in the three months ending August 31, 2026, about $134 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