Is Lacona, IA 50139 a buyer’s or seller’s market?
Lacona is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Lacona housing market right now
In the three months ending August 31, 2026, 100% of homes in Lacona, IA 50139 sold above their list price, the typical home went under contract in 193 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 (117 days then) and the median sale price rose 311% to $249,892. Overall, Lacona is more competitive than a year ago, so tougher for buyers.
Within Warren County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 86%.
Nearby, buyers who want less competition could look at New Virginia 50210 (0% sold over asking) or Milo 50166 (0% sold over asking).
Run the numbers for 50139
Nearby markets
Ackworth 50001 — /sq ftCarlisle 50047Seller’s market $205 /sq ftHartford 50118Buyer’s market $193 /sq ftIndianola 50125Seller’s market $219 /sq ft Browse all markets →Towns like Lacona nearby
Find towns like Lacona in other states →Where Lacona is
Loading map…
Questions about Lacona real estate
Is Lacona a buyer’s or seller’s market?
A buyer’s market: there were 12.8 months of supply in Lacona, IA 50139 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 Lacona?
The typical home went under contract in 193 days in the latest three months.
Do homes in Lacona sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 102.0% of the list price.
What are property taxes in Lacona?
About 1.43% of a home’s value a year in Warren County, or roughly $5,720 on a $400,000 home.
What is the median home price in Lacona?
The median sale price was $249,892 in the three months ending August 31, 2026, about $170 per square foot.
Local agents
See all agents in 50139 →No sponsored agents in 50139 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 50139
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology