Is Reinbeck, IA 50669 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Reinbeck is a seller’s market. With about 2.2 months of supply and 10% 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.

Months of supply2.2Under 4 months = seller’s market
Sold above original list10%Share of sales, last 3 months
Median sale-to-list95.4%Sold price ÷ list price
Median days on market15Listing to accepted offer
Median price per sq ft$87▼ −6.5% vs. last year

The Reinbeck housing market right now

In the three months ending August 31, 2026, 10% of homes in Reinbeck, IA 50669 sold above their list price, the typical home went under contract in 15 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold faster (18 days then) and the median sale price fell 31% to $100,130. Overall, Reinbeck is less competitive than a year ago, which gives buyers more room.

Within Grundy County, homes here sell faster than in 60% of the county’s ZIP codes, and sell less often over asking than in 60%.

Nearby, buyers who want less competition could look at Wellsburg 50680 (0% sold over asking) or Holland 50642 (0% sold over asking), while Conrad 50621 (67% sold over asking) and Grundy Center 50638 (29% sold over asking) are even more competitive.

Nearby markets

Conrad 50621 $106 /sq ftDike 50624 $156 /sq ftGrundy Center 50638Buyer’s market $135 /sq ftHolland 50642Seller’s market $150 /sq ft Browse all markets →

Where Reinbeck is

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Questions about Reinbeck real estate

Is Reinbeck a buyer’s or seller’s market?

A seller’s market: there were 2.2 months of supply in Reinbeck, IA 50669 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 Reinbeck?

The typical home went under contract in 15 days in the latest three months.

Do homes in Reinbeck sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 95.4% of the list price.

What are property taxes in Reinbeck?

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 Reinbeck?

The median sale price was $100,130 in the three months ending August 31, 2026, about $87 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