Is Booneville, IA 50038 a buyer’s or seller’s market?
Booneville is a seller’s market. With about 0.8 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.
The Booneville housing market right now
In the three months ending August 31, 2026, 25% of homes in Booneville, IA 50038 sold above their list price, the typical home went under contract in 24 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Within Dallas County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 89%.
Nearby, buyers who want less competition could look at Redfield 50233 (0% sold over asking) or Minburn 50167 (0% sold over asking).
Run the numbers for 50038
Nearby markets
Adel 50003Seller’s market $256 /sq ftBouton 50039 — /sq ftDallas Center 50063Buyer’s market $186 /sq ftDe Soto 50069Seller’s market $202 /sq ft Browse all markets →Where Booneville is
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Questions about Booneville real estate
Is Booneville a buyer’s or seller’s market?
A seller’s market: there were 0.8 months of supply in Booneville, IA 50038 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 Booneville?
The typical home went under contract in 24 days in the latest three months.
Do homes in Booneville sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 89.8% of the list price.
What are property taxes in Booneville?
About 1.41% of a home’s value a year in Dallas County, or roughly $5,640 on a $400,000 home.
What is the median home price in Booneville?
The median sale price was $793,657 in the three months ending August 31, 2026, about $275 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