Is Henderson, IA 51541 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Henderson 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 list99.9%Share of sales, last 3 months
Median sale-to-list101.4%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$145

The Henderson housing market right now

In the three months ending August 31, 2026, 100% of homes in Henderson, IA 51541 sold above their list price and the typical home went under contract in 38 days. 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 rose from 0%, homes sold faster (175 days then) and the median sale price rose 93% to $269,633. Overall, Henderson is more competitive than a year ago, so tougher for buyers.

Within Mills County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Glenwood 51534 (12% sold over asking) or Silver City 51571 (33% sold over asking).

Nearby markets

Glenwood 51534Seller’s market $177 /sq ftHastings 51540 — /sq ftMalvern 51551Seller’s market $250 /sq ftPacific Junction 51561Seller’s market $139 /sq ft Browse all markets →

Where Henderson is

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Questions about Henderson real estate

How fast do homes sell in Henderson?

The typical home went under contract in 38 days in the latest three months.

Do homes in Henderson sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 101.4% of the list price.

What are property taxes in Henderson?

About 1.47% of a home’s value a year in Mills County, or roughly $5,880 on a $400,000 home.

What is the median home price in Henderson?

The median sale price was $269,633 in the three months ending August 31, 2026, about $145 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