Is Maxwell, IA 50161 a buyer’s or seller’s market?

The Maxwell housing market right now

In the three months ending August 31, 2026, 17% of homes in Maxwell, IA 50161 sold above their list price, the typical home went under contract in 31 days and there were 0.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 fell from 67%, homes sold more slowly (12 days then) and the median sale price fell 14% to $158,182. Overall, Maxwell is less competitive than a year ago, which gives buyers more room.

Within Polk County, homes here sell more slowly than in 53% of the county’s ZIP codes, and sell less often over asking than in 57%.

Nearby, buyers who want less competition could look at Sheldahl 50243 (0% sold over asking) or Alleman 50007 (0% sold over asking), while Elkhart 50073 (40% sold over asking) and Runnells 50237 (40% sold over asking) are even more competitive.