Is Newell, IA 50568 a buyer’s or seller’s market?
Newell is a seller’s market. With about 2.4 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 Newell housing market right now
In the three months ending August 31, 2026, 0% of homes in Newell, IA 50568 sold above their list price, the typical home went under contract in 10 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 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 33%, homes sold more slowly (3 days then) and the median sale price rose 6% to $156,932. Overall, Newell is less competitive than a year ago, which gives buyers more room.
Within Buena Vista County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Marathon 50565 (50% sold over asking) and Sioux Rapids 50585 (40% sold over asking) are even more competitive.
Run the numbers for 50568
Nearby markets
Albert City 50510 — /sq ftAlta 51002Seller’s market $118 /sq ftMarathon 50565 $45 /sq ftRembrandt 50576 — /sq ft Browse all markets →Towns like Newell nearby
Find towns like Newell in other states →Where Newell is
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Questions about Newell real estate
Is Newell a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Newell, IA 50568 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 Newell?
The typical home went under contract in 10 days in the latest three months.
Do homes in Newell sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.2% of the list price.
What are property taxes in Newell?
About 1.21% of a home’s value a year in Buena Vista County, or roughly $4,840 on a $400,000 home.
What is the median home price in Newell?
The median sale price was $156,932 in the three months ending August 31, 2026, about $95 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