Is Stanhope, IA 50246 a buyer’s or seller’s market?
Stanhope is a seller’s market. With about 3.2 months of supply and 50% 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 Stanhope housing market right now
In the three months ending August 31, 2026, 50% of homes in Stanhope, IA 50246 sold above their list price, the typical home went under contract in 67 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Within Hamilton County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 83%.
Nearby, buyers who want less competition could look at Williams 50271 (0% sold over asking) or Stratford 50249 (0% sold over asking), while Randall 50231 (100% sold over asking) is even more competitive.
Run the numbers for 50246
Nearby markets
Blairsburg 50034 — /sq ftEllsworth 50075Buyer’s market $124 /sq ftJewell 50130Seller’s market $125 /sq ftKamrar 50132 — /sq ft Browse all markets →Where Stanhope is
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Questions about Stanhope real estate
Is Stanhope a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Stanhope, IA 50246 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 Stanhope?
The typical home went under contract in 67 days in the latest three months.
Do homes in Stanhope sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Stanhope?
About 1.26% of a home’s value a year in Hamilton County, or roughly $5,040 on a $400,000 home.
What is the median home price in Stanhope?
The median sale price was $136,691 in the three months ending August 31, 2026, about $236 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