Is Rake, IA 50465 a buyer’s or seller’s market?

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

Rake is a seller’s market. With about 3.2 months of supply and 0% 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.

Months of supply3.2Under 4 months = seller’s market

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

Median sale-to-list90.2%Sold price ÷ list price

Median days on market92Listing to accepted offer

Median price per sq ft$47

Run the numbers for 50465

Prefilled for 50465Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50465Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Buffalo Center 50424Buyer’s market $48 /sq ft Forest City 50436Buyer’s market $96 /sq ft Lake Mills 50450Seller’s market $116 /sq ft Leland 50453Buyer’s market $95 /sq ft Browse all markets →

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