Is Elliott, IA 51532 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Elliott 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 Elliott housing market right now

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

About the area

Montgomery County, IA

Population	644
Median income	$65,375
Average income	$76,089
Median home value	$99,400
Median rent	$817/month
Owner-occupied	77% of homes
Median year built	1938

Natural hazard riskTornadoes (very high), extreme heat (relatively high), winter storms (relatively 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 51532; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 51532

Prefilled for 51532Can I win this house?Multiple-offer likelihood for a listing Prefilled for 51532Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Emerson 51533 — /sq ft Grant 50847 — /sq ft Red Oak 51566Balanced $109 /sq ft Stanton 51573Buyer’s market $79 /sq ft Browse all markets →

Where Elliott is

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Questions about Elliott real estate

What are property taxes in Elliott?

About 1.65% of a home’s value a year in Montgomery County, or roughly $6,600 on a $400,000 home.

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More tools for 51532

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