Is Farnhamville, IA 50538 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Farnhamville 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 list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Farnhamville housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Calhoun County, IA

Population	661
Median income	$62,344
Average income	$77,416
Median home value	$94,000
Owner-occupied	89% of homes
Median year built	1953

Natural hazard riskTornadoes (very high), hail (very high), winter storms (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 50538; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 50538

Prefilled for 50538Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50538Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Lake City 51449 — /sq ft Lohrville 51453 — /sq ft Manson 50563Seller’s market $335 /sq ft Rockwell City 50579Seller’s market $118 /sq ft Browse all markets →

Where Farnhamville is

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Questions about Farnhamville real estate

What are property taxes in Farnhamville?

About 1.32% of a home’s value a year in Calhoun County, or roughly $5,280 on a $400,000 home.

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More tools for 50538

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 Calhoun County property taxes Calhoun 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