Is Primghar, IA 51245 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Primghar is a seller’s market. With about 2.4 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.

Months of supply2.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market39Listing to accepted offer
Median price per sq ft$97▼ −4.2% vs. last year

The Primghar housing market right now

In the three months ending August 31, 2026, 0% of homes in Primghar, IA 51245 sold above their list price, the typical home went under contract in 39 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (25 days then) and the median sale price rose 2% to $159,431. Overall, Primghar is less competitive than a year ago, which gives buyers more room.

Within O'Brien County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Sanborn 51248 (25% sold over asking) and Hartley 51346 (25% sold over asking) are even more competitive.

Nearby markets

Archer 51231Seller’s market $153 /sq ftCalumet 51009 — /sq ftGranville 51022 $104 /sq ftHartley 51346Balanced $127 /sq ft Browse all markets →

Where Primghar is

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Questions about Primghar real estate

Is Primghar a buyer’s or seller’s market?

A seller’s market: there were 2.4 months of supply in Primghar, IA 51245 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 Primghar?

The typical home went under contract in 39 days in the latest three months.

Do homes in Primghar sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.

What are property taxes in Primghar?

About 0.98% of a home’s value a year in O'Brien County, or roughly $3,920 on a $400,000 home.

What is the median home price in Primghar?

The median sale price was $159,431 in the three months ending August 31, 2026, about $97 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