Is Rhodes, IA 50234 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Rhodes 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 list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Rhodes housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Marshall County, IA

Population	559
Median income	$78,750
Average income	$102,501
Median home value	$195,800
Median rent	$491/month
Owner-occupied	85% of homes
Median year built	1961

Natural hazard riskTornadoes (very high), winter storms (relatively high), hail (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 50234; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 50234

Prefilled for 50234Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50234Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Albion 50005 $77 /sq ft Ferguson 50078 $82 /sq ft Gilman 50106Seller’s market $138 /sq ft Laurel 50141 $95 /sq ft Browse all markets →

Where Rhodes is

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Questions about Rhodes real estate

What are property taxes in Rhodes?

About 1.42% of a home’s value a year in Marshall County, or roughly $5,680 on a $400,000 home.

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More tools for 50234

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