Is Farragut, IA 51639 a buyer’s or seller’s market?
Farragut is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Farragut housing market right now
In the three months ending August 31, 2026, 0% of homes in Farragut, IA 51639 sold above their list price, the typical home went under contract in 36 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Within Fremont County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Hamburg 51640 (20% sold over asking) is even more competitive.
Run the numbers for 51639
Nearby markets
Hamburg 51640Seller’s market $130 /sq ftRandolph 51649 $143 /sq ftRiverton 51650 — /sq ftSidney 51652Seller’s market $165 /sq ft Browse all markets →Where Farragut is
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Questions about Farragut real estate
Is Farragut a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Farragut, IA 51639 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Farragut?
The typical home went under contract in 36 days in the latest three months.
Do homes in Farragut 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 Farragut?
About 1.21% of a home’s value a year in Fremont County, or roughly $4,840 on a $400,000 home.
What is the median home price in Farragut?
The median sale price was $393,330 in the three months ending August 31, 2026, about $137 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