Is Rowan, IA 50470 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Rowan 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 list0%Share of sales, last 3 months
Median sale-to-list95.4%Sold price ÷ list price
Median days on market116Listing to accepted offer
Median price per sq ft—

The Rowan housing market right now

In the three months ending August 31, 2026, 0% of homes in Rowan, IA 50470 sold above their list price and the typical home went under contract in 116 days. With only 1 sale, these figures can swing a lot from month to month.

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

Nearby, Woolstock 50599 (100% sold over asking) is even more competitive.

Nearby markets

Belmond 50421Balanced $91 /sq ftClarion 50525Buyer’s market $98 /sq ftDows 50071 — /sq ftEagle Grove 50533Buyer’s market $76 /sq ft Browse all markets →

Where Rowan is

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Questions about Rowan real estate

How fast do homes sell in Rowan?

The typical home went under contract in 116 days in the latest three months.

Do homes in Rowan sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.4% of the list price.

What are property taxes in Rowan?

About 1.51% of a home’s value a year in Wright County, or roughly $6,040 on a $400,000 home.

What is the median home price in Rowan?

The median sale price was $6,197 in the three months ending August 31, 2026.

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