Is Luxemburg, IA 52056 a buyer’s or seller’s market?
Luxemburg is a seller’s market. With about 1.6 months of supply and 50% 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 Luxemburg housing market right now
In the three months ending August 31, 2026, 50% of homes in Luxemburg, IA 52056 sold above their list price, the typical home went under contract in 24 days and there were 1.6 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.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (71 days then) and the median sale price fell 8% to $268,084. Overall, Luxemburg is more competitive than a year ago, so tougher for buyers.
Within Dubuque County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Sherrill 52073 (0% sold over asking) or Peosta 52068 (0% sold over asking), while Farley 52046 (80% sold over asking) is even more competitive.
Run the numbers for 52056
Nearby markets
Bernard 52032Buyer’s market $214 /sq ftDubuque 52001Seller’s market $136 /sq ftDubuque 52002Seller’s market $173 /sq ftDubuque 52003Seller’s market $160 /sq ft Browse all markets →Where Luxemburg is
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Questions about Luxemburg real estate
Is Luxemburg a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Luxemburg, IA 52056 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 Luxemburg?
The typical home went under contract in 24 days in the latest three months.
Do homes in Luxemburg sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 101.1% of the list price.
What are property taxes in Luxemburg?
About 1.23% of a home’s value a year in Dubuque County, or roughly $4,920 on a $400,000 home.
What is the median home price in Luxemburg?
The median sale price was $268,084 in the three months ending August 31, 2026, about $125 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