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Is Sibley, IA 51249 a buyer’s or seller’s market?

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

Sibley is a seller’s market. With about 1.4 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 supply1.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.3%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$117▼ −2.0% vs. last year

The Sibley housing market right now

In the three months ending August 31, 2026, 0% of homes in Sibley, IA 51249 sold above their list price, the typical home went under contract in 19 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 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 15%, homes sold faster (35 days then) and the median sale price rose 24% to $228,651. Overall, Sibley is less competitive than a year ago, which gives buyers more room.

Run the numbers for 51249

Prefilled for 51249Can I win this house?Multiple-offer likelihood for a listing Prefilled for 51249Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Ashton 51232Balanced $113 /sq ftHarris 51345 — /sq ftMelvin 51350 $61 /sq ftOcheyedan 51354Seller’s market $104 /sq ft Browse all markets →

Towns like Sibley nearby

Find towns like Sibley in other states →
Hartley, IA51346 · 20 miles away91% similarsmaller George, IA51237 · 13 miles away88% similarsmaller · older residents Lakefield, MN56150 · 33 miles away88% similarVery close on income, prices and more Sheldon, IA51201 · 16 miles away87% similarpricier homes ($37K more) · larger

Where Sibley is

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Questions about Sibley real estate

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

A seller’s market: there were 1.4 months of supply in Sibley, IA 51249 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 Sibley?

The typical home went under contract in 19 days in the latest three months.

Do homes in Sibley sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.

What are property taxes in Sibley?

About 1.13% of a home’s value a year in Osceola County, or roughly $4,520 on a $400,000 home.

What is the median home price in Sibley?

The median sale price was $228,651 in the three months ending August 31, 2026, about $117 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