Is Okoboji, IA 51355 a buyer’s or seller’s market?
Okoboji is a seller’s market. With about 3.2 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.
Competition score23/ 100
More competitive than 17% of U.S. ZIP codes, and #139 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 supply3.2Under 4 months = seller’s market
Sold above original list11.1%Share of sales, last 3 months
Median sale-to-list94.2%Sold price ÷ list price
Median days on market66Listing to accepted offer
Median price per sq ft$340▲ +10.2% vs. last year
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Nearby markets
Arnolds Park 51331Seller’s market $344 /sq ftLake Park 51347Buyer’s market $157 /sq ftMilford 51351Balanced $184 /sq ftSpirit Lake 51360Buyer’s market $253 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology