Is Kelley, IA 50134 a buyer’s or seller’s market?
Kelley 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 Kelley housing market right now
In the three months ending August 31, 2026, 0% of homes in Kelley, IA 50134 sold above their list price, the typical home went under contract in 13 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.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (5 days then) and the median sale price rose 74% to $540,016. Overall, Kelley is less competitive than a year ago, which gives buyers more room.
Within Story County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Colo 50056 (50% sold over asking) and Cambridge 50046 (33% sold over asking) are even more competitive.
Run the numbers for 50134
Nearby markets
Ames 50010Seller’s market $190 /sq ftAmes 50014Seller’s market $211 /sq ftCambridge 50046Balanced $243 /sq ftCollins 50055Seller’s market $199 /sq ft Browse all markets →Where Kelley is
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Questions about Kelley real estate
Is Kelley a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Kelley, IA 50134 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 Kelley?
The typical home went under contract in 13 days in the latest three months.
Do homes in Kelley sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Kelley?
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 Kelley?
The median sale price was $540,016 in the three months ending August 31, 2026, about $311 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