Is Honey Creek, IA 51542 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Honey Creek is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list33.3%Share of sales, last 3 months

Median sale-to-list94.3%Sold price ÷ list price

Median days on market34Listing to accepted offer

Median price per sq ft$315▲ +64.9% vs. last year

Run the numbers for 51542

Prefilled for 51542Can I win this house?Multiple-offer likelihood for a listing Prefilled for 51542Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Avoca 51521Balanced $73 /sq ft Carson 51525Seller’s market $174 /sq ft Carter Lake 51510Seller’s market $176 /sq ft Council Bluffs 51501Seller’s market $156 /sq ft Browse all markets →

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More tools for 51542

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