Is Emerson, IA 51533 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Emerson 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 Emerson housing market right now

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

About the area

Montgomery County, IA

Population	844
Median income	$68,750
Average income	$79,230
Median home value	$136,500
Median rent	$1,034/month
Owner-occupied	88% 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 51533; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 51533

Prefilled for 51533Can I win this house?Multiple-offer likelihood for a listing Prefilled for 51533Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Elliott 51532 — /sq ft Grant 50847 — /sq ft Red Oak 51566Balanced $109 /sq ft Stanton 51573Buyer’s market $79 /sq ft Browse all markets →

Where Emerson is

Loading map…

Questions about Emerson real estate

What are property taxes in Emerson?

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

Local agents

See all agents in 51533 →

No sponsored agents in 51533 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 51533

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 Montgomery County property taxes Montgomery County loan limits Closing costs in Iowa Hottest ZIP codes in Iowa

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="51533"><a href="https://offerbacked.com/market/51533">Emerson, IA 51533 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

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