Is New Sharon, IA 50207 a buyer’s or seller’s market?
New Sharon 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 New Sharon housing market right now
In the three months ending August 31, 2026, 0% of homes in New Sharon, IA 50207 sold above their list price, the typical home went under contract in 144 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 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 (113 days then) and the median sale price rose 6% to $237,647. Overall, New Sharon is less competitive than a year ago, which gives buyers more room.
Within Mahaska County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Oskaloosa 52577 (27% sold over asking) is even more competitive.
Run the numbers for 50207
Nearby markets
Barnes City 50027Seller’s market $135 /sq ftBeacon 52534Seller’s market $99 /sq ftFremont 52561Seller’s market $134 /sq ftLeighton 50143 — /sq ft Browse all markets →Towns like New Sharon nearby
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Questions about New Sharon real estate
Is New Sharon a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in New Sharon, IA 50207 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 New Sharon?
The typical home went under contract in 144 days in the latest three months.
Do homes in New Sharon sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.6% of the list price.
What are property taxes in New Sharon?
About 1.32% of a home’s value a year in Mahaska County, or roughly $5,280 on a $400,000 home.
What is the median home price in New Sharon?
The median sale price was $237,647 in the three months ending August 31, 2026, about $191 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