Is Collins, IA 50055 a buyer’s or seller’s market?
Collins is a seller’s market. With about 2.1 months of supply and 33% 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 Collins housing market right now
In the three months ending August 31, 2026, 33% of homes in Collins, IA 50055 sold above their list price, the typical home went under contract in 96 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (21 days then) and the median sale price fell 12% to $152,934. Overall, Collins is more competitive than a year ago, so tougher for buyers.
Within Story County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell more often over asking than in 83%.
Nearby, buyers who want less competition could look at Zearing 50278 (0% sold over asking) or Mc Callsburg 50154 (0% sold over asking), while Colo 50056 (50% sold over asking) is even more competitive.
Run the numbers for 50055
Nearby markets
Ames 50010Seller’s market $190 /sq ftAmes 50014Seller’s market $211 /sq ftCambridge 50046Balanced $243 /sq ftColo 50056Seller’s market $148 /sq ft Browse all markets →Towns like Collins nearby
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Questions about Collins real estate
Is Collins a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Collins, IA 50055 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 Collins?
The typical home went under contract in 96 days in the latest three months.
Do homes in Collins sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.
What are property taxes in Collins?
About 1.40% of a home’s value a year in Story County, or roughly $5,600 on a $400,000 home.
What is the median home price in Collins?
The median sale price was $152,934 in the three months ending August 31, 2026, about $199 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