Is Marengo, IA 52301 a buyer’s or seller’s market?

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

Marengo is a seller’s market. With about 2.4 months of supply and 25% 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 supply2.4Under 4 months = seller’s market

Sold above original list25%Share of sales, last 3 months

Median sale-to-list95.8%Sold price ÷ list price

Median days on market28Listing to accepted offer

Median price per sq ft$109▲ +2.0% vs. last year

Run the numbers for 52301

Prefilled for 52301Can I win this house?Multiple-offer likelihood for a listing Prefilled for 52301Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Amana 52203Seller’s market $139 /sq ft Homestead 52236Buyer’s market $148 /sq ft Ladora 52251 $135 /sq ft Middle Amana 52307Buyer’s market $167 /sq ft Browse all markets →

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