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Is Villisca, IA 50864 a buyer’s or seller’s market?

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

Villisca is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.1%Sold price ÷ list price
Median days on market151Listing to accepted offer
Median price per sq ft$67▲ +80.3% vs. last year

The Villisca housing market right now

In the three months ending August 31, 2026, 0% of homes in Villisca, IA 50864 sold above their list price, the typical home went under contract in 151 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 (55 days then) and the median sale price rose 107% to $109,952. Overall, Villisca is less competitive than a year ago, which gives buyers more room.

Nearby, Red Oak 51566 (5% sold over asking) is even more competitive.

Run the numbers for 50864

Prefilled for 50864Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50864Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Elliott 51532 — /sq ftEmerson 51533 — /sq ftGrant 50847 — /sq ftRed Oak 51566Balanced $109 /sq ft Browse all markets →

Towns like Villisca nearby

Find towns like Villisca in other states →
Bedford, IA50833 · 23 miles away88% similar5 min shorter commute Fontanelle, IA50846 · 33 miles away88% similarmore renters Corning, IA50841 · 13 miles away84% similar7 min shorter commute Lenox, IA50851 · 22 miles away81% similaryounger residents · 9 min shorter commute

Where Villisca is

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Questions about Villisca real estate

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

A buyer’s market: there were 6.4 months of supply in Villisca, IA 50864 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 Villisca?

The typical home went under contract in 151 days in the latest three months.

Do homes in Villisca sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.

What are property taxes in Villisca?

About 1.65% of a home’s value a year in Montgomery County, or roughly $6,600 on a $400,000 home.

What is the median home price in Villisca?

The median sale price was $109,952 in the three months ending August 31, 2026, about $67 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