Is Woodward, IA 50276 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Woodward is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market139Listing to accepted offer
Median price per sq ft$244▲ +33.6% vs. last year

The Woodward housing market right now

In the three months ending August 31, 2026, 0% of homes in Woodward, IA 50276 sold above their list price, the typical home went under contract in 139 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. 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 fell from 14%, homes sold more slowly (53 days then) and the median sale price rose 17% to $289,875. Overall, Woodward is less competitive than a year ago, which gives buyers more room.

Within Boone County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Madrid 50156 (15% sold over asking) and Boone 50036 (14% sold over asking) are even more competitive.

Nearby markets

Boone 50036Seller’s market $171 /sq ftBoxholm 50040 $70 /sq ftMadrid 50156Seller’s market $166 /sq ftOgden 50212Balanced $150 /sq ft Browse all markets →

Where Woodward is

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Questions about Woodward real estate

Is Woodward a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Woodward, IA 50276 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 Woodward?

The typical home went under contract in 139 days in the latest three months.

Do homes in Woodward sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.

What are property taxes in Woodward?

About 1.37% of a home’s value a year in Boone County, or roughly $5,480 on a $400,000 home.

What is the median home price in Woodward?

The median sale price was $289,875 in the three months ending August 31, 2026, about $244 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