Is Leland, IA 50453 a buyer’s or seller’s market?
Leland is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Leland housing market right now
In the three months ending August 31, 2026, 0% of homes in Leland, IA 50453 sold above their list price, the typical home went under contract in 42 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 100%, homes sold faster (44 days then) and the median sale price fell 73% to $79,965. Overall, Leland is less competitive than a year ago, which gives buyers more room.
Within Winnebago County, homes here sell faster 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, Lake Mills 50450 (38% sold over asking) and Forest City 50436 (13% sold over asking) are even more competitive.
Run the numbers for 50453
Nearby markets
Buffalo Center 50424Buyer’s market $48 /sq ftForest City 50436Buyer’s market $96 /sq ftLake Mills 50450Seller’s market $116 /sq ftRake 50465Seller’s market $47 /sq ft Browse all markets →Where Leland is
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Questions about Leland real estate
Is Leland a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Leland, IA 50453 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 Leland?
The typical home went under contract in 42 days in the latest three months.
Do homes in Leland sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.5% of the list price.
What are property taxes in Leland?
About 1.32% of a home’s value a year in Winnebago County, or roughly $5,280 on a $400,000 home.
What is the median home price in Leland?
The median sale price was $79,965 in the three months ending August 31, 2026, about $95 per square foot.
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More tools for 50453
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology