Is Kellogg, IA 50135 a buyer’s or seller’s market?
Kellogg is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Kellogg housing market right now
In the three months ending August 31, 2026, 33% of homes in Kellogg, IA 50135 sold above their list price, the typical home went under contract in 18 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 6 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 13%, homes sold faster (28 days then) and the median sale price fell 35% to $131,943. Overall, Kellogg is more competitive than a year ago, so tougher for buyers.
Within Jasper County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Sully 50251 (0% sold over asking) or Reasnor 50232 (0% sold over asking).
Run the numbers for 50135
Nearby markets
Baxter 50028Buyer’s market $203 /sq ftColfax 50054Seller’s market $143 /sq ftIra 50127 — /sq ftLynnville 50153 — /sq ft Browse all markets →Towns like Kellogg nearby
Find towns like Kellogg in other states →Where Kellogg is
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Questions about Kellogg real estate
Is Kellogg a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Kellogg, IA 50135 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 Kellogg?
The typical home went under contract in 18 days in the latest three months.
Do homes in Kellogg sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 95.4% of the list price.
What are property taxes in Kellogg?
About 1.41% of a home’s value a year in Jasper County, or roughly $5,640 on a $400,000 home.
What is the median home price in Kellogg?
The median sale price was $131,943 in the three months ending August 31, 2026, about $157 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