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Is Wellsburg, IA 50680 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list92.5%Sold price ÷ list price
Median days on market44Listing to accepted offer
Median price per sq ft$61▼ −31.2% vs. last year

The Wellsburg housing market right now

In the three months ending August 31, 2026, 0% of homes in Wellsburg, IA 50680 sold above their list price and the typical home went under contract in 44 days. With only 3 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 (14 days then) and the median sale price fell 31% to $91,960. Overall, Wellsburg is less competitive than a year ago, which gives buyers more room.

Within Grundy County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Conrad 50621 (67% sold over asking) and Grundy Center 50638 (29% sold over asking) are even more competitive.

Run the numbers for 50680

Prefilled for 50680Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50680Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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 →

Towns like Wellsburg nearby

Find towns like Wellsburg in other states →
Hubbard, IA50122 · 21 miles away81% similarcheaper homes ($25K less) · older homes Greene, IA50636 · 32 miles away81% similarlarger · younger residents Ackley, IA50601 · 9 miles away78% similarlarger · more renters Garwin, IA50632 · 28 miles away75% similar7 min shorter commute

Where Wellsburg is

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Questions about Wellsburg real estate

How fast do homes sell in Wellsburg?

The typical home went under contract in 44 days in the latest three months.

Do homes in Wellsburg sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 92.5% of the list price.

What are property taxes in Wellsburg?

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 Wellsburg?

The median sale price was $91,960 in the three months ending August 31, 2026, about $61 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