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Is Mondamin, IA 51557 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Mondamin 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 list0%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market211Listing to accepted offer
Median price per sq ft$353▲ +195.1% vs. last year

The Mondamin housing market right now

In the three months ending August 31, 2026, 0% of homes in Mondamin, IA 51557 sold above their list price and the typical home went under contract in 211 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 was about the same (0% then), homes sold more slowly (173 days then) and the median sale price fell 11% to $438,560. Overall, Mondamin is less competitive than a year ago, which gives buyers more room.

Within Harrison County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Missouri Valley 51555 (29% sold over asking) and Woodbine 51579 (10% sold over asking) are even more competitive.

Run the numbers for 51557

Prefilled for 51557Can I win this house?Multiple-offer likelihood for a listing Prefilled for 51557Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Dunlap 51529Seller’s market $115 /sq ftLittle Sioux 51545 — /sq ftLogan 51546Balanced $163 /sq ftMissouri Valley 51555Seller’s market $145 /sq ft Browse all markets →

Where Mondamin is

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Questions about Mondamin real estate

How fast do homes sell in Mondamin?

The typical home went under contract in 211 days in the latest three months.

Do homes in Mondamin sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.

What are property taxes in Mondamin?

About 1.32% of a home’s value a year in Harrison County, or roughly $5,280 on a $400,000 home.

What is the median home price in Mondamin?

The median sale price was $438,560 in the three months ending August 31, 2026, about $353 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