Is Swea City, IA 50590 a buyer’s or seller’s market?
Swea City 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.
The Swea City housing market right now
In the three months ending August 31, 2026, 0% of homes in Swea City, IA 50590 sold above their list price, the typical home went under contract in 53 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 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 (50 days then) and the median sale price rose 78% to $85,213. Overall, Swea City is less competitive than a year ago, which gives buyers more room.
Within Kossuth County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Algona 50511 (32% sold over asking) is even more competitive.
Run the numbers for 50590
Nearby markets
Algona 50511Buyer’s market $117 /sq ftBancroft 50517Buyer’s market $35 /sq ftBurt 50522 — /sq ftFenton 50539 — /sq ft Browse all markets →Where Swea City is
Loading map…
Questions about Swea City real estate
Is Swea City a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Swea City, IA 50590 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 Swea City?
The typical home went under contract in 53 days in the latest three months.
Do homes in Swea City sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.
What are property taxes in Swea City?
About 1.00% of a home’s value a year in Kossuth County, or roughly $4,000 on a $400,000 home.
What is the median home price in Swea City?
The median sale price was $85,213 in the three months ending August 31, 2026, about $64 per square foot.
Local agents
See all agents in 50590 →No sponsored agents in 50590 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 50590
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology