Is Deep River, IA 52222 a buyer’s or seller’s market?

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

Deep River is a seller’s market. With about 1.6 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.

Months of supply1.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list84.8%Sold price ÷ list price
Median days on market8Listing to accepted offer
Median price per sq ft$74▼ −34.0% vs. last year

The Deep River housing market right now

In the three months ending August 31, 2026, 0% of homes in Deep River, IA 52222 sold above their list price, the typical home went under contract in 8 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 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 faster (195 days then) and the median sale price fell 61% to $96,458. Overall, Deep River is more competitive than a year ago, so tougher for buyers.

Nearby, Grinnell 50112 (14% sold over asking) is even more competitive.

Nearby markets

Brooklyn 52211Balanced $188 /sq ftGrinnell 50112Balanced $136 /sq ftGuernsey 52221 — /sq ftMalcom 50157 — /sq ft Browse all markets →

Where Deep River is

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Questions about Deep River real estate

Is Deep River a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Deep River, IA 52222 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 Deep River?

The typical home went under contract in 8 days in the latest three months.

Do homes in Deep River sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 84.8% of the list price.

What are property taxes in Deep River?

About 1.22% of a home’s value a year in Poweshiek County, or roughly $4,880 on a $400,000 home.

What is the median home price in Deep River?

The median sale price was $96,458 in the three months ending August 31, 2026, about $74 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