Is Sloan, IA 51055 a buyer’s or seller’s market?
Sloan is a seller’s market. With about 2.6 months of supply and 40% 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 Sloan housing market right now
In the three months ending August 31, 2026, 40% of homes in Sloan, IA 51055 sold above their list price, the typical home went under contract in 4 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. With only 5 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 (21 days then) and the median sale price fell 4% to $256,389. Overall, Sloan is more competitive than a year ago, so tougher for buyers.
Within Woodbury County, homes here sell faster than in 92% of the county’s ZIP codes, and sell more often over asking than in 92%.
Nearby, buyers who want less competition could look at Sioux City 51101 (0% sold over asking) or Salix 51052 (0% sold over asking), while Sergeant Bluff 51054 (50% sold over asking) is even more competitive.
Run the numbers for 51055
Nearby markets
Anthon 51004Balanced $112 /sq ftBronson 51007 — /sq ftClimbing Hill 51015 — /sq ftCorrectionville 51016Seller’s market $124 /sq ft Browse all markets →Towns like Sloan nearby
Find towns like Sloan in other states →Where Sloan is
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Questions about Sloan real estate
Is Sloan a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Sloan, IA 51055 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 Sloan?
The typical home went under contract in 4 days in the latest three months.
Do homes in Sloan sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Sloan?
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 Sloan?
The median sale price was $256,389 in the three months ending August 31, 2026, about $156 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