Is Hospers, IA 51238 a buyer’s or seller’s market?
Hospers is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Hospers housing market right now
In the three months ending August 31, 2026, 0% of homes in Hospers, IA 51238 sold above their list price, the typical home went under contract in 109 days and there were 19.2 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 was about the same (0% then), homes sold more slowly (15 days then) and the median sale price fell 41% to $158,931. Overall, Hospers is less competitive than a year ago, which gives buyers more room.
Within Sioux County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Rock Valley 51247 (50% sold over asking) and Alton 51003 (20% sold over asking) are even more competitive.
Run the numbers for 51238
Nearby markets
Alton 51003Seller’s market $119 /sq ftBoyden 51234 — /sq ftHawarden 51023Balanced $99 /sq ftHull 51239Seller’s market $161 /sq ft Browse all markets →Towns like Hospers nearby
Find towns like Hospers in other states →Where Hospers is
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Questions about Hospers real estate
Is Hospers a buyer’s or seller’s market?
A buyer’s market: there were 19.2 months of supply in Hospers, IA 51238 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 Hospers?
The typical home went under contract in 109 days in the latest three months.
Do homes in Hospers sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Hospers?
About 1.12% of a home’s value a year in Sioux County, or roughly $4,480 on a $400,000 home.
What is the median home price in Hospers?
The median sale price was $158,931 in the three months ending August 31, 2026, about $119 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