Is West Union, IA 52175 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

West Union is a seller’s market. With about 2.1 months of supply and 17% 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.

Months of supply2.1Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list95.7%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$88▼ −28.7% vs. last year

The West Union housing market right now

In the three months ending August 31, 2026, 17% of homes in West Union, IA 52175 sold above their list price, the typical home went under contract in 52 days and there were 2.1 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 rose from 8%, homes sold more slowly (24 days then) and the median sale price fell 23% to $142,438. Overall, West Union is about as competitive as it was a year ago.

Within Fayette County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell more often over asking than in 80%.

Nearby, buyers who want less competition could look at Waucoma 52171 (0% sold over asking) or Wadena 52169 (0% sold over asking), while Oelwein 50662 (28% sold over asking) is even more competitive.

Nearby markets

Arlington 50606 — /sq ftClermont 52135 $74 /sq ftElgin 52141Seller’s market $99 /sq ftFayette 52142Seller’s market $105 /sq ft Browse all markets →

Where West Union is

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Questions about West Union real estate

Is West Union a buyer’s or seller’s market?

A seller’s market: there were 2.1 months of supply in West Union, IA 52175 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 West Union?

The typical home went under contract in 52 days in the latest three months.

Do homes in West Union sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.

What are property taxes in West Union?

About 1.30% of a home’s value a year in Fayette County, or roughly $5,200 on a $400,000 home.

What is the median home price in West Union?

The median sale price was $142,438 in the three months ending August 31, 2026, about $88 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