Is Meservey, IA 50457 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Meservey 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 list50%Share of sales, last 3 months

Median sale-to-list95%Sold price ÷ list price

Median days on market76Listing to accepted offer

Median price per sq ft$57▼ −47.6% vs. last year

The Meservey housing market right now

In the three months ending August 31, 2026, 50% of homes in Meservey, IA 50457 sold above their list price and the typical home went under contract in 76 days. With only 2 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 100%, homes sold more slowly (28 days then) and the median sale price fell 28% to $106,454. Overall, Meservey is less competitive than a year ago, which gives buyers more room.

Within Hancock County, homes here sell more slowly, and more often over asking, than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Woden 50484 (0% sold over asking) or Britt 50423 (17% sold over asking).

About the area

Hancock County, IA

Population	463
Median income	$47,250
Average income	$69,333
Median home value	$90,800
Median rent	$631/month
Owner-occupied	78% of homes
Median year built	1938

Natural hazard riskTornadoes (very high), winter storms (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 50457; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 50457

Prefilled for 50457Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50457Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Britt 50423Buyer’s market $89 /sq ft Garner 50438Balanced $153 /sq ft Kanawha 50447Buyer’s market $116 /sq ft Klemme 50449 — /sq ft Browse all markets →

Where Meservey is

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Questions about Meservey real estate

How fast do homes sell in Meservey?

The typical home went under contract in 76 days in the latest three months.

Do homes in Meservey sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.

What are property taxes in Meservey?

About 1.18% of a home’s value a year in Hancock County, or roughly $4,720 on a $400,000 home.

What is the median home price in Meservey?

The median sale price was $106,454 in the three months ending August 31, 2026, about $57 per square foot.

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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 Hancock County property taxes Hancock 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