Is Paullina, IA 51046 a buyer’s or seller’s market?
Paullina is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Paullina housing market right now
In the three months ending August 31, 2026, 0% of homes in Paullina, IA 51046 sold above their list price, the typical home went under contract in 94 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (21 days then) and the median sale price rose 23% to $121,447. Overall, Paullina is less competitive than a year ago, which gives buyers more room.
Within O'Brien County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Sanborn 51248 (25% sold over asking) and Hartley 51346 (25% sold over asking) are even more competitive.
Run the numbers for 51046
Nearby markets
Archer 51231Seller’s market $153 /sq ftCalumet 51009 — /sq ftGranville 51022 $104 /sq ftHartley 51346Balanced $127 /sq ft Browse all markets →Towns like Paullina nearby
Find towns like Paullina in other states →Where Paullina is
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Questions about Paullina real estate
Is Paullina a buyer’s or seller’s market?
A buyer’s market: there were 7.5 months of supply in Paullina, IA 51046 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 Paullina?
The typical home went under contract in 94 days in the latest three months.
Do homes in Paullina sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 89.9% of the list price.
What are property taxes in Paullina?
About 0.98% of a home’s value a year in O'Brien County, or roughly $3,920 on a $400,000 home.
What is the median home price in Paullina?
The median sale price was $121,447 in the three months ending August 31, 2026, about $96 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