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Is Greenfield, IA 50849 a buyer’s or seller’s market?

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

Greenfield is a buyer’s market. With about 28.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply28.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97%Sold price ÷ list price
Median days on market4Listing to accepted offer
Median price per sq ft$143▲ +72.2% vs. last year

The Greenfield housing market right now

In the three months ending August 31, 2026, 0% of homes in Greenfield, IA 50849 sold above their list price, the typical home went under contract in 4 days and there were 28.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 faster (49 days then) and the median sale price fell 3% to $159,931. Overall, Greenfield is more competitive than a year ago, so tougher for buyers.

Nearby, Stuart 50250 (50% sold over asking) is even more competitive.

Run the numbers for 50849

Prefilled for 50849Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50849Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bridgewater 50837 $187 /sq ftFontanelle 50846 — /sq ftOrient 50858 $43 /sq ftStuart 50250Balanced $203 /sq ft Browse all markets →

Towns like Greenfield nearby

Find towns like Greenfield in other states →
Guthrie Center, IA50115 · 26 miles away90% similarVery close on income, prices and more Corning, IA50841 · 27 miles away87% similarcheaper homes ($32K less) · older residents Lenox, IA50851 · 30 miles away87% similarcheaper homes ($28K less) Audubon, IA50025 · 38 miles away84% similarcheaper homes ($31K less)

Where Greenfield is

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Questions about Greenfield real estate

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

A buyer’s market: there were 28.8 months of supply in Greenfield, IA 50849 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 Greenfield?

The typical home went under contract in 4 days in the latest three months.

Do homes in Greenfield sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.

What are property taxes in Greenfield?

About 1.28% of a home’s value a year in Adair County, or roughly $5,120 on a $400,000 home.

What is the median home price in Greenfield?

The median sale price was $159,931 in the three months ending August 31, 2026, about $143 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