Is Moorhead, IA 51558 a buyer’s or seller’s market?
Moorhead 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 Moorhead housing market right now
In the three months ending August 31, 2026, 0% of homes in Moorhead, IA 51558 sold above their list price and the typical home went under contract in 0 days. With only 1 sale, 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 faster (133 days then) and the median sale price fell 29% to $88,962. Overall, Moorhead is more competitive than a year ago, so tougher for buyers.
Within Monona County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Onawa 51040 (11% sold over asking) is even more competitive.
Run the numbers for 51558
Nearby markets
Blencoe 51523 $116 /sq ftCastana 51010Buyer’s market $142 /sq ftMapleton 51034Seller’s market $104 /sq ftOnawa 51040Seller’s market $150 /sq ft Browse all markets →Where Moorhead is
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Questions about Moorhead real estate
How fast do homes sell in Moorhead?
The typical home went under contract in 0 days in the latest three months.
Do homes in Moorhead sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Moorhead?
About 1.03% of a home’s value a year in Monona County, or roughly $4,120 on a $400,000 home.
What is the median home price in Moorhead?
The median sale price was $88,962 in the three months ending August 31, 2026, about $51 per square foot.
Local agents
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More tools for 51558
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology