Is Royal, IA 51357 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Royal is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Royal housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Clay County, IA

Population	910
Median income	$68,333
Average income	$82,772
Median home value	$118,500
Median rent	$895/month
Owner-occupied	73% of homes
Median year built	1938

Natural hazard riskTornadoes (very high), winter storms (very high), hail (very high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 51357; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 51357

Prefilled for 51357Can I win this house?Multiple-offer likelihood for a listing Prefilled for 51357Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Everly 51338Seller’s market $77 /sq ft Fostoria 51340Buyer’s market $32 /sq ft Greenville 51343 — /sq ft Linn Grove 51033Buyer’s market $39 /sq ft Browse all markets →

Where Royal is

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Questions about Royal real estate

What are property taxes in Royal?

About 1.15% of a home’s value a year in Clay County, or roughly $4,600 on a $400,000 home.

Local agents

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More tools for 51357

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Clay County property taxes Clay County loan limits Closing costs in Iowa Hottest ZIP codes in Iowa

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology