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Is Conrad, IA 50621 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Conrad 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 list66.6%Share of sales, last 3 months
Median sale-to-list100.3%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$106▲ +29.8% vs. last year

The Conrad housing market right now

In the three months ending August 31, 2026, 67% of homes in Conrad, IA 50621 sold above their list price and the typical home went under contract in 21 days. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (81 days then) and the median sale price rose 131% to $184,920. Overall, Conrad is more competitive than a year ago, so tougher for buyers.

Within Grundy County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Wellsburg 50680 (0% sold over asking) or Holland 50642 (0% sold over asking).

Run the numbers for 50621

Prefilled for 50621Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50621Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Dike 50624 $156 /sq ftGrundy Center 50638Buyer’s market $135 /sq ftHolland 50642Seller’s market $150 /sq ftMorrison 50657 — /sq ft Browse all markets →

Towns like Conrad nearby

Find towns like Conrad in other states →
New Hartford, IA50660 · 28 miles away84% similar6 min longer commute Parkersburg, IA50665 · 24 miles away83% similarlarger · younger residents Reinbeck, IA50669 · 16 miles away82% similarcheaper homes ($32K less) · larger Traer, IA50675 · 21 miles away82% similarcheaper homes ($58K less) · more single-family homes

Where Conrad is

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Questions about Conrad real estate

How fast do homes sell in Conrad?

The typical home went under contract in 21 days in the latest three months.

Do homes in Conrad sell over asking?

67% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.

What are property taxes in Conrad?

About 1.14% of a home’s value a year in Grundy County, or roughly $4,560 on a $400,000 home.

What is the median home price in Conrad?

The median sale price was $184,920 in the three months ending August 31, 2026, about $106 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