Is Van Wert, IA 50262 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Van Wert 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 Van Wert housing market right now

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

About the area

Decatur County, IA

Population	263
Median income	$81,875
Average income	$91,828
Median home value	$83,800
Median rent	$775/month
Owner-occupied	91% of homes
Median year built	1962

Natural hazard riskTornadoes (very high), extreme heat (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 50262; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 50262

Prefilled for 50262Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50262Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Davis City 50065Seller’s market $120 /sq ft Lamoni 50140 — /sq ft Leon 50144Buyer’s market $108 /sq ft Browse all markets →

Where Van Wert is

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Questions about Van Wert real estate

What are property taxes in Van Wert?

About 1.61% of a home’s value a year in Decatur County, or roughly $6,440 on a $400,000 home.

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More tools for 50262

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Decatur County property taxes Decatur County loan limits Closing costs in Iowa Hottest ZIP codes in Iowa

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