Is Wesley, IA 50483 a buyer’s or seller’s market?
Wesley is a seller’s market. With about 3.2 months of supply and 0% 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 Wesley housing market right now
In the three months ending August 31, 2026, 0% of homes in Wesley, IA 50483 sold above their list price, the typical home went under contract in 54 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 50%, homes sold faster (152 days then) and the median sale price fell 14% to $171,426. Overall, Wesley is less competitive than a year ago, which gives buyers more room.
Within Kossuth County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Algona 50511 (32% sold over asking) is even more competitive.
Run the numbers for 50483
Nearby markets
Algona 50511Buyer’s market $117 /sq ftBancroft 50517Buyer’s market $35 /sq ftBurt 50522 — /sq ftFenton 50539 — /sq ft Browse all markets →Where Wesley is
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Questions about Wesley real estate
Is Wesley a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Wesley, IA 50483 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 Wesley?
The typical home went under contract in 54 days in the latest three months.
Do homes in Wesley sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.0% of the list price.
What are property taxes in Wesley?
About 1.00% of a home’s value a year in Kossuth County, or roughly $4,000 on a $400,000 home.
What is the median home price in Wesley?
The median sale price was $171,426 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