Is Sumner, IA 50674 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Sumner is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.5Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$91▲ +28.5% vs. last year

The Sumner housing market right now

In the three months ending August 31, 2026, 14% of homes in Sumner, IA 50674 sold above their list price, the typical home went under contract in 29 days and there were 5.5 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 7 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 (14% then), homes sold more slowly (25 days then) and the median sale price rose 64% to $184,920. Overall, Sumner is about as competitive as it was a year ago.

Within Bremer County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 67%.

Nearby, buyers who want less competition could look at Tripoli 50676 (0% sold over asking) or Denver 50622 (7% sold over asking), while Readlyn 50668 (60% sold over asking) and Plainfield 50666 (33% sold over asking) are even more competitive.

Nearby markets

Denver 50622Seller’s market $144 /sq ftJanesville 50647Seller’s market $144 /sq ftPlainfield 50666 $182 /sq ftReadlyn 50668Seller’s market $118 /sq ft Browse all markets →

Where Sumner is

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Questions about Sumner real estate

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

A balanced market: there were 5.5 months of supply in Sumner, IA 50674 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 Sumner?

The typical home went under contract in 29 days in the latest three months.

Do homes in Sumner sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.

What are property taxes in Sumner?

About 1.29% of a home’s value a year in Bremer County, or roughly $5,160 on a $400,000 home.

What is the median home price in Sumner?

The median sale price was $184,920 in the three months ending August 31, 2026, about $91 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