Is La Porte City, IA 50651 a buyer’s or seller’s market?
La Porte City is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The La Porte City housing market right now
In the three months ending August 31, 2026, 56% of homes in La Porte City, IA 50651 sold above their list price, the typical home went under contract in 7 days and there were 4.3 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. With only 9 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 36%, homes sold about as fast and the median sale price rose 25% to $222,529. Overall, La Porte City is more competitive than a year ago, so tougher for buyers.
Within Black Hawk County, homes here sell faster than in 90% 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 Raymond 50667 (0% sold over asking) or Dunkerton 50626 (0% sold over asking).
Run the numbers for 50651
Nearby markets
Cedar Falls 50613Seller’s market $159 /sq ftDunkerton 50626Balanced $91 /sq ftEvansdale 50707Seller’s market $128 /sq ftGilbertville 50634Seller’s market $102 /sq ft Browse all markets →Towns like La Porte City nearby
Find towns like La Porte City in other states →Where La Porte City is
Loading map…
Questions about La Porte City real estate
Is La Porte City a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in La Porte City, IA 50651 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 La Porte City?
The typical home went under contract in 7 days in the latest three months.
Do homes in La Porte City sell over asking?
56% of homes sold above their original list price, and the typical sale closed at 101.2% of the list price.
What are property taxes in La Porte City?
About 1.50% of a home’s value a year in Black Hawk County, or roughly $6,000 on a $400,000 home.
What is the median home price in La Porte City?
The median sale price was $222,529 in the three months ending August 31, 2026, about $134 per square foot.
Local agents
See all agents in 50651 →No sponsored agents in 50651 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 50651
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology