Is Eldora, IA 50627 a buyer’s or seller’s market?
Eldora is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 33% of U.S. ZIP codes, and #118 of 156 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Eldora housing market right now
In the three months ending August 31, 2026, 20% of homes in Eldora, IA 50627 sold above their list price, the typical home went under contract in 36 days and there were 4.1 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. That’s based on 15 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold more slowly (20 days then) and the median sale price fell 34% to $77,466. Overall, Eldora is less competitive than a year ago, which gives buyers more room.
Within Hardin County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Eldora ranks #118 of 156 IA ZIP codes with enough sales (score 35 out of 100).
Nearby, buyers who want less competition could look at Whitten 50269 (0% sold over asking) or Radcliffe 50230 (0% sold over asking), while Union 50258 (50% sold over asking) is even more competitive.
Run the numbers for 50627
Nearby markets
Alden 50006Seller’s market $101 /sq ftGarden City 50102 — /sq ftHubbard 50122Seller’s market $71 /sq ftIowa Falls 50126Seller’s market $104 /sq ft Browse all markets →Towns like Eldora nearby
Find towns like Eldora in other states →Where Eldora is
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Questions about Eldora real estate
Is Eldora a buyer’s or seller’s market?
A balanced market: there were 4.1 months of supply in Eldora, IA 50627 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 Eldora?
The typical home went under contract in 36 days in the latest three months.
Do homes in Eldora sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 93.8% of the list price.
What are property taxes in Eldora?
About 1.37% of a home’s value a year in Hardin County, or roughly $5,480 on a $400,000 home.
What is the median home price in Eldora?
The median sale price was $77,466 in the three months ending August 31, 2026, about $70 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