Is Mitchellville, IA 50169 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Mitchellville is a seller’s market. With about 3.7 months of supply and 14% 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.

Months of supply3.7Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list97.6%Sold price ÷ list price
Median days on market60Listing to accepted offer
Median price per sq ft$151▼ −27.6% vs. last year

The Mitchellville housing market right now

In the three months ending August 31, 2026, 14% of homes in Mitchellville, IA 50169 sold above their list price, the typical home went under contract in 60 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 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 0%, homes sold more slowly (46 days then) and the median sale price fell 19% to $239,896. Overall, Mitchellville is more competitive than a year ago, so tougher for buyers.

Within Polk County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 80%.

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.

Nearby markets

Alleman 50007Seller’s market $165 /sq ftAltoona 50009Seller’s market $237 /sq ftAnkeny 50021Seller’s market $229 /sq ftAnkeny 50023Seller’s market $231 /sq ft Browse all markets →

Where Mitchellville is

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Questions about Mitchellville real estate

Is Mitchellville a buyer’s or seller’s market?

A seller’s market: there were 3.7 months of supply in Mitchellville, IA 50169 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 Mitchellville?

The typical home went under contract in 60 days in the latest three months.

Do homes in Mitchellville sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.

What are property taxes in Mitchellville?

About 1.68% of a home’s value a year in Polk County, or roughly $6,720 on a $400,000 home.

What is the median home price in Mitchellville?

The median sale price was $239,896 in the three months ending August 31, 2026, about $151 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