Is Jesup, IA 50648 a buyer’s or seller’s market?

The Jesup housing market right now

In the three months ending August 31, 2026, 20% of homes in Jesup, IA 50648 sold above their list price, the typical home went under contract in 29 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (58 days then) and the median sale price fell 6% to $239,896. Overall, Jesup is more competitive than a year ago, so tougher for buyers.

Within Black Hawk County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell less often over asking than in 70%. On our competition score, Jesup ranks #75 of 156 IA ZIP codes with enough sales (score 52 out of 100).

Nearby, buyers who want less competition could look at Raymond 50667 (0% sold over asking) or Dunkerton 50626 (0% sold over asking), while La Porte City 50651 (56% sold over asking) and Gilbertville 50634 (50% sold over asking) are even more competitive.