Is Goldfield, IA 50542 a buyer’s or seller’s market?
Goldfield is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Goldfield housing market right now
In the three months ending August 31, 2026, 0% of homes in Goldfield, IA 50542 sold above their list price, the typical home went under contract in 12 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. 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 was about the same (0% then), homes sold faster (94 days then) and the median sale price rose 25% to $151,934. Overall, Goldfield is more competitive than a year ago, so tougher for buyers.
Within Wright County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Woolstock 50599 (100% sold over asking) is even more competitive.
Run the numbers for 50542
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 Goldfield is
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Questions about Goldfield real estate
Is Goldfield a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Goldfield, IA 50542 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 Goldfield?
The typical home went under contract in 12 days in the latest three months.
Do homes in Goldfield sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Goldfield?
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 Goldfield?
The median sale price was $151,934 in the three months ending August 31, 2026, about $90 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