Is Cromwell, IA 50842 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Cromwell 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 list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Cromwell housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Union County, IA

Population	99
Median income	$59,583
Average income	$70,391
Median home value	$104,700
Owner-occupied	96% of homes
Median year built	1970

Natural hazard riskExtreme heat (relatively high), tornadoes (relatively high), winter storms (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 50842; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 50842

Prefilled for 50842Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50842Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Afton 50830Seller’s market $114 /sq ft Creston 50801Balanced $106 /sq ft Browse all markets →

Where Cromwell is

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Questions about Cromwell real estate

What are property taxes in Cromwell?

About 1.80% of a home’s value a year in Union County, or roughly $7,200 on a $400,000 home.

Local agents

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More tools for 50842

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology