Is Ossian, IA 52161 a buyer’s or seller’s market?
Ossian is a seller’s market. With about 2.4 months of supply and 25% 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 Ossian housing market right now
In the three months ending August 31, 2026, 25% of homes in Ossian, IA 52161 sold above their list price, the typical home went under contract in 29 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold more slowly (3 days then) and the median sale price rose 58% to $308,367. Overall, Ossian is less competitive than a year ago, which gives buyers more room.
Within Winneshiek County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Spillville 52168 (0% sold over asking) or Ridgeway 52165 (0% sold over asking), while Calmar 52132 (50% sold over asking) is even more competitive.
Run the numbers for 52161
Nearby markets
Calmar 52132Seller’s market $124 /sq ftCastalia 52133 — /sq ftDecorah 52101Seller’s market $172 /sq ftFort Atkinson 52144 $101 /sq ft Browse all markets →Towns like Ossian nearby
Find towns like Ossian in other states →Where Ossian is
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Questions about Ossian real estate
Is Ossian a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Ossian, IA 52161 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 Ossian?
The typical home went under contract in 29 days in the latest three months.
Do homes in Ossian sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 89.2% of the list price.
What are property taxes in Ossian?
About 1.12% of a home’s value a year in Winneshiek County, or roughly $4,480 on a $400,000 home.
What is the median home price in Ossian?
The median sale price was $308,367 in the three months ending August 31, 2026, about $182 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