Is Ute, IA 51060 a buyer’s or seller’s market?
Ute 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 Ute housing market right now
In the three months ending August 31, 2026, 0% of homes in Ute, IA 51060 sold above their list price, the typical home went under contract in 23 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 1 sale, these figures can swing a lot from month to month.
Within Monona County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Onawa 51040 (11% sold over asking) is even more competitive.
Run the numbers for 51060
Nearby markets
Blencoe 51523 $116 /sq ftCastana 51010Buyer’s market $142 /sq ftMapleton 51034Seller’s market $104 /sq ftMoorhead 51558 $51 /sq ft Browse all markets →Where Ute is
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Questions about Ute real estate
Is Ute a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Ute, IA 51060 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 Ute?
The typical home went under contract in 23 days in the latest three months.
Do homes in Ute sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 86.2% of the list price.
What are property taxes in Ute?
About 1.03% of a home’s value a year in Monona County, or roughly $4,120 on a $400,000 home.
What is the median home price in Ute?
The median sale price was $124,946 in the three months ending August 31, 2026, about $121 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