Is Sully, IA 50251 a buyer’s or seller’s market?
Sully is a seller’s market. With about 0.8 months of supply and 0% 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 Sully housing market right now
In the three months ending August 31, 2026, 0% of homes in Sully, IA 50251 sold above their list price, the typical home went under contract in 14 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (54 days then) and the median sale price rose 16% to $232,399. Overall, Sully is more competitive than a year ago, so tougher for buyers.
Within Jasper County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Kellogg 50135 (33% sold over asking) and Newton 50208 (18% sold over asking) are even more competitive.
Run the numbers for 50251
Nearby markets
Baxter 50028Buyer’s market $203 /sq ftColfax 50054Seller’s market $143 /sq ftIra 50127 — /sq ftKellogg 50135Balanced $157 /sq ft Browse all markets →Towns like Sully nearby
Find towns like Sully in other states →Where Sully is
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Questions about Sully real estate
Is Sully a buyer’s or seller’s market?
A seller’s market: there were 0.8 months of supply in Sully, IA 50251 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 Sully?
The typical home went under contract in 14 days in the latest three months.
Do homes in Sully sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Sully?
About 1.41% of a home’s value a year in Jasper County, or roughly $5,640 on a $400,000 home.
What is the median home price in Sully?
The median sale price was $232,399 in the three months ending August 31, 2026, about $153 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