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Is Pilot Mound, IA 50223 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Pilot Mound 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-list75%Sold price ÷ list price
Median days on market253Listing to accepted offer
Median price per sq ft—▼ −81.6% vs. last year

The Pilot Mound housing market right now

In the three months ending August 31, 2026, 0% of homes in Pilot Mound, IA 50223 sold above their list price and the typical home went under contract in 253 days. With only 1 sale, 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 33%, homes sold more slowly (12 days then) and the median sale price fell 81% to $14,994. Overall, Pilot Mound is less competitive than a year ago, which gives buyers more room.

Within Boone County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Madrid 50156 (15% sold over asking) and Boone 50036 (14% sold over asking) are even more competitive.

Run the numbers for 50223

Prefilled for 50223Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50223Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Boone 50036Seller’s market $171 /sq ftBoxholm 50040 $70 /sq ftMadrid 50156Seller’s market $166 /sq ftOgden 50212Balanced $150 /sq ft Browse all markets →

Where Pilot Mound is

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Questions about Pilot Mound real estate

How fast do homes sell in Pilot Mound?

The typical home went under contract in 253 days in the latest three months.

Do homes in Pilot Mound sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 75.0% of the list price.

What are property taxes in Pilot Mound?

About 1.37% of a home’s value a year in Boone County, or roughly $5,480 on a $400,000 home.

What is the median home price in Pilot Mound?

The median sale price was $14,994 in the three months ending August 31, 2026.

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