Is Honey Creek, IA 51542 a buyer’s or seller’s market?
Honey Creek 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.
The Honey Creek housing market right now
In the three months ending August 31, 2026, 33% of homes in Honey Creek, IA 51542 sold above their list price and the typical home went under contract in 34 days. 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 rose from 0%, homes sold more slowly (16 days then) and the median sale price rose 77% to $794,656. Overall, Honey Creek is more competitive than a year ago, so tougher for buyers.
Within Pottawattamie County, homes here sell more slowly than in 58% of the county’s ZIP codes, and sell more often over asking than in 58%.
Nearby, buyers who want less competition could look at Underwood 51576 (0% sold over asking) or Carson 51525 (0% sold over asking), while Treynor 51575 (100% sold over asking) and Walnut 51577 (100% sold over asking) are even more competitive.
Run the numbers for 51542
Nearby markets
Avoca 51521Balanced $73 /sq ftCarson 51525Seller’s market $174 /sq ftCarter Lake 51510Seller’s market $176 /sq ftCouncil Bluffs 51501Seller’s market $156 /sq ft Browse all markets →Where Honey Creek is
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Questions about Honey Creek real estate
How fast do homes sell in Honey Creek?
The typical home went under contract in 34 days in the latest three months.
Do homes in Honey Creek sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.
What are property taxes in Honey Creek?
About 1.57% of a home’s value a year in Pottawattamie County, or roughly $6,280 on a $400,000 home.
What is the median home price in Honey Creek?
The median sale price was $794,656 in the three months ending August 31, 2026, about $315 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