Is Barnes City, IA 50027 a buyer’s or seller’s market?
Barnes City is a seller’s market. With about 3.2 months of supply and 0% 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.
The Barnes City housing market right now
In the three months ending August 31, 2026, 0% of homes in Barnes City, IA 50027 sold above their list price, the typical home went under contract in 0 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (2 days then) and the median sale price rose 37% to $219,905. Overall, Barnes City is about as competitive as it was a year ago.
Within Mahaska County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Oskaloosa 52577 (27% sold over asking) is even more competitive.
Run the numbers for 50027
Nearby markets
Beacon 52534Seller’s market $99 /sq ftFremont 52561Seller’s market $134 /sq ftLeighton 50143 — /sq ftNew Sharon 50207Balanced $191 /sq ft Browse all markets →Where Barnes City is
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Questions about Barnes City real estate
Is Barnes City a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Barnes City, IA 50027 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Barnes City?
The typical home went under contract in 0 days in the latest three months.
Do homes in Barnes City sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Barnes City?
About 1.32% of a home’s value a year in Mahaska County, or roughly $5,280 on a $400,000 home.
What is the median home price in Barnes City?
The median sale price was $219,905 in the three months ending August 31, 2026, about $135 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology