Is Le Mars, IA 51031 a buyer’s or seller’s market?

The Le Mars housing market right now

In the three months ending August 31, 2026, 10% of homes in Le Mars, IA 51031 sold above their list price, the typical home went under contract in 20 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 31 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 16%, homes sold faster (26 days then) and the median sale price fell 6% to $254,640. Overall, Le Mars is less competitive than a year ago, which gives buyers more room.

Within Plymouth County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 63%. On our competition score, Le Mars ranks #88 of 156 IA ZIP codes with enough sales (score 48 out of 100).

Nearby, buyers who want less competition could look at Westfield 51062 (0% sold over asking) or Remsen 51050 (0% sold over asking), while Akron 51001 (38% sold over asking) and Sioux City 51108 (22% sold over asking) are even more competitive.