Is Pierson, IA 51048 a buyer’s or seller’s market?
Pierson is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Pierson housing market right now
In the three months ending August 31, 2026, 0% of homes in Pierson, IA 51048 sold above their list price, the typical home went under contract in 67 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Within Woodbury County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Sergeant Bluff 51054 (50% sold over asking) and Sloan 51055 (40% sold over asking) are even more competitive.
Run the numbers for 51048
Nearby markets
Anthon 51004Balanced $112 /sq ftBronson 51007 — /sq ftClimbing Hill 51015 — /sq ftCorrectionville 51016Seller’s market $124 /sq ft Browse all markets →Where Pierson is
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Questions about Pierson real estate
Is Pierson a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Pierson, IA 51048 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 Pierson?
The typical home went under contract in 67 days in the latest three months.
Do homes in Pierson sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Pierson?
About 1.45% of a home’s value a year in Woodbury County, or roughly $5,800 on a $400,000 home.
What is the median home price in Pierson?
The median sale price was $158,931 in the three months ending August 31, 2026, about $98 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