Is Fostoria, IA 51340 a buyer’s or seller’s market?
Fostoria is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Fostoria housing market right now
In the three months ending August 31, 2026, 100% of homes in Fostoria, IA 51340 sold above their list price, the typical home went under contract in 44 days and there were 9.6 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.
The median sale price was $41,982, or about $32 per square foot.
Within Clay County, homes here sell faster than in 50% 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 Peterson 51047 (0% sold over asking) or Linn Grove 51033 (0% sold over asking).
Run the numbers for 51340
Nearby markets
Everly 51338Seller’s market $77 /sq ftGreenville 51343 — /sq ftLinn Grove 51033Buyer’s market $39 /sq ftPeterson 51047 $89 /sq ft Browse all markets →Where Fostoria is
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Questions about Fostoria real estate
Is Fostoria a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Fostoria, IA 51340 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 Fostoria?
The typical home went under contract in 44 days in the latest three months.
Do homes in Fostoria sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 100.2% of the list price.
What are property taxes in Fostoria?
About 1.15% of a home’s value a year in Clay County, or roughly $4,600 on a $400,000 home.
What is the median home price in Fostoria?
The median sale price was $41,982 in the three months ending August 31, 2026, about $32 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