Is Lake View, IA 51450 a buyer’s or seller’s market?

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

Lake View is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.5Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list95.5%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$130▼ −29.7% vs. last year

The Lake View housing market right now

In the three months ending August 31, 2026, 33% of homes in Lake View, IA 51450 sold above their list price, the typical home went under contract in 62 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 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 50%, homes sold faster (110 days then) and the median sale price fell 30% to $213,907. Overall, Lake View is about as competitive as it was a year ago.

Within Sac County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell more often over asking than in 80%.

Nearby, buyers who want less competition could look at Wall Lake 51466 (0% sold over asking) or Sac City 50583 (0% sold over asking), while Schaller 51053 (50% sold over asking) is even more competitive.

Nearby markets

Auburn 51433 — /sq ftEarly 50535Seller’s market $82 /sq ftNemaha 50567 — /sq ftOdebolt 51458 — /sq ft Browse all markets →

Where Lake View is

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Questions about Lake View real estate

Is Lake View a buyer’s or seller’s market?

A buyer’s market: there were 7.5 months of supply in Lake View, IA 51450 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 Lake View?

The typical home went under contract in 62 days in the latest three months.

Do homes in Lake View sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.

What are property taxes in Lake View?

About 1.10% of a home’s value a year in Sac County, or roughly $4,400 on a $400,000 home.

What is the median home price in Lake View?

The median sale price was $213,907 in the three months ending August 31, 2026, about $130 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