Is Baxter, IA 50028 a buyer’s or seller’s market?
Baxter is a buyer’s market. With about 7.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Baxter housing market right now
In the three months ending August 31, 2026, 0% of homes in Baxter, IA 50028 sold above their list price, the typical home went under contract in 16 days and there were 7.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold faster (51 days then) and the median sale price rose 97% to $324,859. Overall, Baxter is less competitive than a year ago, which gives buyers more room.
Within Jasper County, homes here sell faster than in 88% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Kellogg 50135 (33% sold over asking) and Newton 50208 (18% sold over asking) are even more competitive.
Run the numbers for 50028
Nearby markets
Colfax 50054Seller’s market $143 /sq ftIra 50127 — /sq ftKellogg 50135Balanced $157 /sq ftLynnville 50153 — /sq ft Browse all markets →Towns like Baxter nearby
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Questions about Baxter real estate
Is Baxter a buyer’s or seller’s market?
A buyer’s market: there were 7.2 months of supply in Baxter, IA 50028 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 Baxter?
The typical home went under contract in 16 days in the latest three months.
Do homes in Baxter sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Baxter?
About 1.41% of a home’s value a year in Jasper County, or roughly $5,640 on a $400,000 home.
What is the median home price in Baxter?
The median sale price was $324,859 in the three months ending August 31, 2026, about $203 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