Is George, IA 51237 a buyer’s or seller’s market?
George is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The George housing market right now
In the three months ending August 31, 2026, 100% of homes in George, IA 51237 sold above their list price, the typical home went under contract in 123 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 more slowly (20 days then) and the median sale price rose 174% to $143,938. Overall, George is more competitive than a year ago, so tougher for buyers.
Within Lyon County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Rock Rapids 51246 (0% sold over asking) or Larchwood 51241 (0% sold over asking).
Run the numbers for 51237
Nearby markets
Doon 51235 $189 /sq ftInwood 51240Balanced $123 /sq ftLarchwood 51241Seller’s market $145 /sq ftLittle Rock 51243 — /sq ft Browse all markets →Towns like George nearby
Find towns like George in other states →Where George is
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Questions about George real estate
Is George a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in George, IA 51237 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 George?
The typical home went under contract in 123 days in the latest three months.
Do homes in George sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 102.9% of the list price.
What are property taxes in George?
About 0.87% of a home’s value a year in Lyon County, or roughly $3,480 on a $400,000 home.
What is the median home price in George?
The median sale price was $143,938 in the three months ending August 31, 2026, about $89 per square foot.
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More tools for 51237
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology