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Is Linn Grove, IA 51033 a buyer’s or seller’s market?

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

Linn Grove is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93.3%Sold price ÷ list price
Median days on market11Listing to accepted offer
Median price per sq ft$39▲ +106.3% vs. last year

The Linn Grove housing market right now

In the three months ending August 31, 2026, 0% of homes in Linn Grove, IA 51033 sold above their list price, the typical home went under contract in 11 days and there were 9.6 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 more slowly (9 days then) and the median sale price rose 282% to $41,982. Overall, Linn Grove is about as competitive as it was a year ago.

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

Nearby, Fostoria 51340 (100% sold over asking) and Everly 51338 (20% sold over asking) are even more competitive.

Run the numbers for 51033

Prefilled for 51033Can I win this house?Multiple-offer likelihood for a listing Prefilled for 51033Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Everly 51338Seller’s market $77 /sq ftFostoria 51340Buyer’s market $32 /sq ftGreenville 51343 — /sq ftPeterson 51047 $89 /sq ft Browse all markets →

Where Linn Grove is

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Questions about Linn Grove real estate

Is Linn Grove a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Linn Grove, IA 51033 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 Linn Grove?

The typical home went under contract in 11 days in the latest three months.

Do homes in Linn Grove sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 93.3% of the list price.

What are property taxes in Linn Grove?

About 1.15% of a home’s value a year in Clay County, or roughly $4,600 on a $400,000 home.

What is the median home price in Linn Grove?

The median sale price was $41,982 in the three months ending August 31, 2026, about $39 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