Is Homestead, IA 52236 a buyer’s or seller’s market?

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

Homestead is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list92.6%Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$148▲ +30.3% vs. last year

The Homestead housing market right now

In the three months ending August 31, 2026, 0% of homes in Homestead, IA 52236 sold above their list price, the typical home went under contract in 58 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 more slowly (8 days then) and the median sale price rose 109% to $564,756. Overall, Homestead is less competitive than a year ago, which gives buyers more room.

Within Iowa County, homes here sell more slowly than in 87% 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.

Nearby markets

Amana 52203Seller’s market $139 /sq ftLadora 52251 $135 /sq ftMarengo 52301Seller’s market $109 /sq ftMiddle Amana 52307Buyer’s market $167 /sq ft Browse all markets →

Where Homestead is

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Questions about Homestead real estate

Is Homestead a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Homestead, IA 52236 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 Homestead?

The typical home went under contract in 58 days in the latest three months.

Do homes in Homestead sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 92.6% of the list price.

What are property taxes in Homestead?

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 Homestead?

The median sale price was $564,756 in the three months ending August 31, 2026, about $148 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