Is Pella, IA 50219 a buyer’s or seller’s market?

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

Pella is a seller’s market. With about 2.8 months of supply and 11% 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.

Competition score40/ 100

More competitive than 39% of U.S. ZIP codes, and #107 of 156 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.8Under 4 months = seller’s market
Sold above original list11.4%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$239▼ −7.6% vs. last year

The Pella housing market right now

In the three months ending August 31, 2026, 11% of homes in Pella, IA 50219 sold above their list price, the typical home went under contract in 29 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 72 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold more slowly (25 days then) and the median sale price rose 8% to $393,080. Overall, Pella is about as competitive as it was a year ago.

Within Marion County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, Pella ranks #107 of 156 IA ZIP codes with enough sales (score 40 out of 100).

Nearby, buyers who want less competition could look at Melcher Dallas 50163 (0% sold over asking), while Bussey 50044 (50% sold over asking) and Pleasantville 50225 (40% sold over asking) are even more competitive.

Nearby markets

Bussey 50044Seller’s market $185 /sq ftColumbia 50057 — /sq ftKnoxville 50138Seller’s market $159 /sq ftMelcher Dallas 50062 — /sq ft Browse all markets →

Where Pella is

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Questions about Pella real estate

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

A seller’s market: there were 2.8 months of supply in Pella, IA 50219 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 Pella?

The typical home went under contract in 29 days in the latest three months.

Do homes in Pella sell over asking?

11% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.

What are property taxes in Pella?

About 1.22% of a home’s value a year in Marion County, or roughly $4,880 on a $400,000 home.

What is the median home price in Pella?

The median sale price was $393,080 in the three months ending August 31, 2026, about $239 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