Is Waukon, IA 52172 a buyer’s or seller’s market?
Waukon is a seller’s market. With about 3.7 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 Waukon housing market right now
In the three months ending August 31, 2026, 0% of homes in Waukon, IA 52172 sold above their list price, the typical home went under contract in 47 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (4 days then) and the median sale price fell 15% to $161,930. Overall, Waukon is less competitive than a year ago, which gives buyers more room.
Within Allamakee County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Waterville 52170 (100% sold over asking) and Monona 52159 (27% sold over asking) are even more competitive.
Run the numbers for 52172
Nearby markets
Dorchester 52140 $121 /sq ftHarpers Ferry 52146Seller’s market $198 /sq ftLansing 52151Balanced $167 /sq ftMonona 52159Seller’s market $110 /sq ft Browse all markets →Towns like Waukon nearby
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Questions about Waukon real estate
Is Waukon a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Waukon, IA 52172 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 Waukon?
The typical home went under contract in 47 days in the latest three months.
Do homes in Waukon sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.8% of the list price.
What are property taxes in Waukon?
About 1.27% of a home’s value a year in Allamakee County, or roughly $5,080 on a $400,000 home.
What is the median home price in Waukon?
The median sale price was $161,930 in the three months ending August 31, 2026, about $115 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