Is Onawa, IA 51040 a buyer’s or seller’s market?

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

Onawa is a seller’s market. With about 2.8 months of supply and 11% 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 supply2.8Under 4 months = seller’s market

Sold above original list11.1%Share of sales, last 3 months

Median sale-to-list96.4%Sold price ÷ list price

Median days on market26Listing to accepted offer

Median price per sq ft$150▲ +22.3% vs. last year

Run the numbers for 51040

Prefilled for 51040Can I win this house?Multiple-offer likelihood for a listing Prefilled for 51040Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blencoe 51523 $116 /sq ft Castana 51010Buyer’s market $142 /sq ft Mapleton 51034Seller’s market $104 /sq ft Moorhead 51558 $51 /sq ft Browse all markets →

More tools for 51040

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

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