Is Fort Dodge, IA 50501 a buyer’s or seller’s market?
Fort Dodge is a seller’s market. With about 1.9 months of supply and 8% 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 Fort Dodge housing market right now
In the three months ending August 31, 2026, 8% of homes in Fort Dodge, IA 50501 sold above their list price, the typical home went under contract in 72 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (38 days then) and the median sale price rose 35% to $201,413. Overall, Fort Dodge is less competitive than a year ago, which gives buyers more room.
Nearby, buyers who want less competition could look at Vincent 50594 (0% sold over asking) or Harcourt 50544 (0% sold over asking).
Run the numbers for 50501
Nearby markets
Badger 50516 $140 /sq ftClare 50524 — /sq ftDayton 50530 — /sq ftDuncombe 50532 — /sq ft Browse all markets →Towns like Fort Dodge nearby
Find towns like Fort Dodge in other states →Where Fort Dodge is
Loading map…
Questions about Fort Dodge real estate
Is Fort Dodge a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Fort Dodge, IA 50501 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 Fort Dodge?
The typical home went under contract in 72 days in the latest three months.
Do homes in Fort Dodge sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 91.1% of the list price.
What are property taxes in Fort Dodge?
About 1.39% of a home’s value a year in Webster County, or roughly $5,560 on a $400,000 home.
What is the median home price in Fort Dodge?
The median sale price was $201,413 in the three months ending August 31, 2026, about $112 per square foot.
Local agents
See all agents in 50501 →No sponsored agents in 50501 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 50501
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology