Is Casey, IA 50048 a buyer’s or seller’s market?
Casey is a seller’s market. With about 1.6 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 Casey housing market right now
In the three months ending August 31, 2026, 0% of homes in Casey, IA 50048 sold above their list price, the typical home went under contract in 72 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Within Guthrie County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Guthrie Center 50115 (20% sold over asking) and Panora 50216 (7% sold over asking) are even more competitive.
Run the numbers for 50048
Nearby markets
Adair 50002Seller’s market $139 /sq ftBagley 50026 — /sq ftBayard 50029 — /sq ftCoon Rapids 50058Balanced $111 /sq ft Browse all markets →Where Casey is
Loading map…
Questions about Casey real estate
Is Casey a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Casey, IA 50048 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 Casey?
The typical home went under contract in 72 days in the latest three months.
Do homes in Casey sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.
What are property taxes in Casey?
About 1.22% of a home’s value a year in Guthrie County, or roughly $4,880 on a $400,000 home.
What is the median home price in Casey?
The median sale price was $129,944 in the three months ending August 31, 2026, about $70 per square foot.
Local agents
See all agents in 50048 →No sponsored agents in 50048 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 50048
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology