Is Belle Plaine, IA 52208 a buyer’s or seller’s market?

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

Belle Plaine is a buyer’s market. With about 11.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply11.7Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list95.8%Sold price ÷ list price
Median days on market92Listing to accepted offer
Median price per sq ft$91▼ −8.3% vs. last year

The Belle Plaine housing market right now

In the three months ending August 31, 2026, 33% of homes in Belle Plaine, IA 52208 sold above their list price, the typical home went under contract in 92 days and there were 11.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 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 23%, homes sold more slowly (28 days then) and the median sale price rose 33% to $179,172. Overall, Belle Plaine is less competitive than a year ago, which gives buyers more room.

Within Benton County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell more often over asking than in 93%.

Nearby, buyers who want less competition could look at Walford 52351 (0% sold over asking) or Shellsburg 52332 (0% sold over asking), while Newhall 52315 (45% sold over asking) is even more competitive.

Nearby markets

Atkins 52206Seller’s market $140 /sq ftBlairstown 52209Buyer’s market $278 /sq ftDysart 52224Balanced $90 /sq ftGarrison 52229Seller’s market $76 /sq ft Browse all markets →

Where Belle Plaine is

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Questions about Belle Plaine real estate

Is Belle Plaine a buyer’s or seller’s market?

A buyer’s market: there were 11.7 months of supply in Belle Plaine, IA 52208 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 Belle Plaine?

The typical home went under contract in 92 days in the latest three months.

Do homes in Belle Plaine sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.

What are property taxes in Belle Plaine?

About 1.31% of a home’s value a year in Benton County, or roughly $5,240 on a $400,000 home.

What is the median home price in Belle Plaine?

The median sale price was $179,172 in the three months ending August 31, 2026, about $91 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