Is Amana, IA 52203 a buyer’s or seller’s market?
Amana is a seller’s market. With about 1.8 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 Amana housing market right now
In the three months ending August 31, 2026, 0% of homes in Amana, IA 52203 sold above their list price, the typical home went under contract in 10 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold about as fast and the median sale price rose 48% to $311,865. Overall, Amana is about as competitive as it was a year ago.
Within Iowa County, homes here sell faster than in 63% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Ladora 52251 (33% sold over asking) and Parnell 52325 (33% sold over asking) are even more competitive.
Run the numbers for 52203
Nearby markets
Homestead 52236Buyer’s market $148 /sq ftLadora 52251 $135 /sq ftMarengo 52301Seller’s market $109 /sq ftMiddle Amana 52307Buyer’s market $167 /sq ft Browse all markets →Towns like Amana nearby
Find towns like Amana in other states →Where Amana is
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Questions about Amana real estate
Is Amana a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in Amana, IA 52203 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 Amana?
The typical home went under contract in 10 days in the latest three months.
Do homes in Amana sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Amana?
About 1.36% of a home’s value a year in Iowa County, or roughly $5,440 on a $400,000 home.
What is the median home price in Amana?
The median sale price was $311,865 in the three months ending August 31, 2026, about $139 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