Is Schaller, IA 51053 a buyer’s or seller’s market?
Schaller is a seller’s market. With about 3.2 months of supply and 50% 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 Schaller housing market right now
In the three months ending August 31, 2026, 50% of homes in Schaller, IA 51053 sold above their list price, the typical home went under contract in 5 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 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 rose from 0%, homes sold faster (74 days then) and the median sale price rose 14% to $309,866. Overall, Schaller is more competitive than a year ago, so tougher for buyers.
Within Sac County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Wall Lake 51466 (0% sold over asking) or Sac City 50583 (0% sold over asking).
Run the numbers for 51053
Nearby markets
Auburn 51433 — /sq ftEarly 50535Seller’s market $82 /sq ftLake View 51450Buyer’s market $130 /sq ftNemaha 50567 — /sq ft Browse all markets →Towns like Schaller nearby
Find towns like Schaller in other states →Where Schaller is
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Questions about Schaller real estate
Is Schaller a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Schaller, IA 51053 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 Schaller?
The typical home went under contract in 5 days in the latest three months.
Do homes in Schaller sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Schaller?
About 1.10% of a home’s value a year in Sac County, or roughly $4,400 on a $400,000 home.
What is the median home price in Schaller?
The median sale price was $309,866 in the three months ending August 31, 2026, about $129 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