Is Saint Charles, IA 50240 a buyer’s or seller’s market?
Saint Charles is a seller’s market. With about 0.5 months of supply and 33% 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.
The Saint Charles housing market right now
In the three months ending August 31, 2026, 33% of homes in Saint Charles, IA 50240 sold above their list price, the typical home went under contract in 15 days and there were 0.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 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 faster (25 days then) and the median sale price fell 37% to $306,367. Overall, Saint Charles is more competitive than a year ago, so tougher for buyers.
Within Madison County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 88%.
Nearby, buyers who want less competition could look at Truro 50257 (0% sold over asking) or Patterson 50218 (0% sold over asking), while Macksburg 50155 (100% sold over asking) is even more competitive.
Run the numbers for 50240
Nearby markets
Cumming 50061Balanced $197 /sq ftDexter 50070Seller’s market $174 /sq ftEarlham 50072Seller’s market $176 /sq ftLorimor 50149 — /sq ft Browse all markets →Towns like Saint Charles nearby
Find towns like Saint Charles in other states →Where Saint Charles is
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Questions about Saint Charles real estate
Is Saint Charles a buyer’s or seller’s market?
A seller’s market: there were 0.5 months of supply in Saint Charles, IA 50240 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 Saint Charles?
The typical home went under contract in 15 days in the latest three months.
Do homes in Saint Charles sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.
What are property taxes in Saint Charles?
About 1.48% of a home’s value a year in Madison County, or roughly $5,920 on a $400,000 home.
What is the median home price in Saint Charles?
The median sale price was $306,367 in the three months ending August 31, 2026, about $288 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