Is Laurel, IA 50141 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Laurel is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list96.3%Sold price ÷ list price

Median days on market91Listing to accepted offer

Median price per sq ft$95▼ −24.9% vs. last year

The Laurel housing market right now

In the three months ending August 31, 2026, 0% of homes in Laurel, IA 50141 sold above their list price and the typical home went under contract in 91 days. 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 was about the same (0% then), homes sold more slowly (57 days then) and the median sale price fell 40% to $106,454. Overall, Laurel is less competitive than a year ago, which gives buyers more room.

Within Marshall County, homes here sell more slowly 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, Albion 50005 (40% sold over asking) and Marshalltown 50158 (29% sold over asking) are even more competitive.

About the area

Marshall County, IA

Population	587
Median income	$77,500
Average income	$86,554
Median home value	$139,500
Median rent	$666/month
Owner-occupied	88% of homes
Median year built	1952

Natural hazard riskTornadoes (very high), winter storms (relatively high), hail (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 50141; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 50141

Prefilled for 50141Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50141Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Albion 50005 $77 /sq ft Ferguson 50078 $82 /sq ft Gilman 50106Seller’s market $138 /sq ft Le Grand 50142 $155 /sq ft Browse all markets →

Where Laurel is

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Questions about Laurel real estate

How fast do homes sell in Laurel?

The typical home went under contract in 91 days in the latest three months.

Do homes in Laurel sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.

What are property taxes in Laurel?

About 1.42% of a home’s value a year in Marshall County, or roughly $5,680 on a $400,000 home.

What is the median home price in Laurel?

The median sale price was $106,454 in the three months ending August 31, 2026, about $95 per square foot.

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More tools for 50141

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Marshall County property taxes Marshall County loan limits Closing costs in Iowa Hottest ZIP codes in Iowa

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology