Is Northwood, IA 50459 a buyer’s or seller’s market?
Northwood is a seller’s market. With about 2.7 months of supply and 57% 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 Northwood housing market right now
In the three months ending August 31, 2026, 57% of homes in Northwood, IA 50459 sold above their list price, the typical home went under contract in 25 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (40 days then) and the median sale price fell 15% to $135,941. Overall, Northwood is more competitive than a year ago, so tougher for buyers.
Within Worth County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Joice 50446 (0% sold over asking) or Grafton 50440 (0% sold over asking), while Manly 50456 (100% sold over asking) is even more competitive.
Run the numbers for 50459
Nearby markets
Fertile 50434Buyer’s market $120 /sq ftGrafton 50440 — /sq ftHanlontown 50444 — /sq ftJoice 50446 $58 /sq ft Browse all markets →Towns like Northwood nearby
Find towns like Northwood in other states →Where Northwood is
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Questions about Northwood real estate
Is Northwood a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Northwood, IA 50459 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 Northwood?
The typical home went under contract in 25 days in the latest three months.
Do homes in Northwood sell over asking?
57% of homes sold above their original list price, and the typical sale closed at 101.4% of the list price.
What are property taxes in Northwood?
About 1.10% of a home’s value a year in Worth County, or roughly $4,400 on a $400,000 home.
What is the median home price in Northwood?
The median sale price was $135,941 in the three months ending August 31, 2026, about $108 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