Is Algona, IA 50511 a buyer’s or seller’s market?

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

Algona is a buyer’s market. With about 8.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score35/ 100

More competitive than 33% of U.S. ZIP codes, and #119 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

Months of supply8.1Under 4 months = seller’s market
Sold above original list31.6%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$117▼ −21.7% vs. last year

Nearby markets

Bancroft 50517Buyer’s market $35 /sq ftBurt 50522 — /sq ftFenton 50539 — /sq ftLakota 50451 — /sq ft Browse all markets →

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