Is Wall Lake, IA 51466 a buyer’s or seller’s market?

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

Wall Lake is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list99.1%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$245▲ +161.0% vs. last year

The Wall Lake housing market right now

In the three months ending August 31, 2026, 0% of homes in Wall Lake, IA 51466 sold above their list price, the typical home went under contract in 43 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 (94 days then) and the median sale price rose 273% to $403,325. Overall, Wall Lake is less competitive than a year ago, which gives buyers more room.

Within Sac County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Schaller 51053 (50% sold over asking) and Lake View 51450 (33% sold over asking) are even more competitive.

Nearby markets

Auburn 51433 — /sq ftEarly 50535Seller’s market $82 /sq ftLake View 51450Buyer’s market $130 /sq ftNemaha 50567 — /sq ft Browse all markets →

Where Wall Lake is

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Questions about Wall Lake real estate

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

A buyer’s market: there were 8 months of supply in Wall Lake, IA 51466 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 Wall Lake?

The typical home went under contract in 43 days in the latest three months.

Do homes in Wall Lake sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.

What are property taxes in Wall Lake?

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 Wall Lake?

The median sale price was $403,325 in the three months ending August 31, 2026, about $245 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