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Is Renwick, IA 50577 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Renwick 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.6%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$57▲ +45.6% vs. last year

The Renwick housing market right now

In the three months ending August 31, 2026, 0% of homes in Renwick, IA 50577 sold above their list price, the typical home went under contract in 25 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 was about the same (0% then), homes sold faster (60 days then) and the median sale price rose 41% to $74,468. Overall, Renwick is more competitive than a year ago, so tougher for buyers.

Nearby, Dakota City 50529 (50% sold over asking) and Humboldt 50548 (8% sold over asking) are even more competitive.

Run the numbers for 50577

Prefilled for 50577Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50577Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bode 50519 — /sq ftBradgate 50520 — /sq ftDakota City 50529Seller’s market $135 /sq ftHumboldt 50548Seller’s market $113 /sq ft Browse all markets →

Where Renwick is

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Questions about Renwick real estate

Is Renwick a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Renwick, IA 50577 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 Renwick?

The typical home went under contract in 25 days in the latest three months.

Do homes in Renwick sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.

What are property taxes in Renwick?

About 1.29% of a home’s value a year in Humboldt County, or roughly $5,160 on a $400,000 home.

What is the median home price in Renwick?

The median sale price was $74,468 in the three months ending August 31, 2026, about $57 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