Is Garwin, IA 50632 a buyer’s or seller’s market?
Garwin 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 Garwin housing market right now
In the three months ending August 31, 2026, 0% of homes in Garwin, IA 50632 sold above their list price, the typical home went under contract in 21 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 was about the same (0% then), homes sold more slowly (4 days then) and the median sale price rose 95% to $157,932. Overall, Garwin is less competitive than a year ago, which gives buyers more room.
Within Tama County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Toledo 52342 (33% sold over asking) and Traer 50675 (29% sold over asking) are even more competitive.
Run the numbers for 50632
Nearby markets
Buckingham 50612 — /sq ftChelsea 52215Balanced $102 /sq ftClutier 52217 — /sq ftElberon 52225 — /sq ft Browse all markets →Towns like Garwin nearby
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Questions about Garwin real estate
Is Garwin a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Garwin, IA 50632 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 Garwin?
The typical home went under contract in 21 days in the latest three months.
Do homes in Garwin sell over asking?
0% 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 Garwin?
About 1.37% of a home’s value a year in Tama County, or roughly $5,480 on a $400,000 home.
What is the median home price in Garwin?
The median sale price was $157,932 in the three months ending August 31, 2026, about $123 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