Is Davis City, IA 50065 a buyer’s or seller’s market?
Davis City is a seller’s market. With about 1.1 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 Davis City housing market right now
In the three months ending August 31, 2026, 0% of homes in Davis City, IA 50065 sold above their list price, the typical home went under contract in 166 days and there were 1.1 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.
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Nearby markets
Lamoni 50140 — /sq ftLeon 50144Buyer’s market $108 /sq ftVan Wert 50262 — /sq ft Browse all markets →Where Davis City is
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Questions about Davis City real estate
Is Davis City a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Davis City, IA 50065 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 Davis City?
The typical home went under contract in 166 days in the latest three months.
Do homes in Davis City sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.5% of the list price.
What are property taxes in Davis City?
About 1.61% of a home’s value a year in Decatur County, or roughly $6,440 on a $400,000 home.
What is the median home price in Davis City?
The median sale price was $105,954 in the three months ending August 31, 2026, about $120 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