Is Kalona, IA 52247 a buyer’s or seller’s market?
Kalona is a seller’s market. With about 0.6 months of supply and 24% 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.
More competitive than 77% of U.S. ZIP codes, and #18 of 156 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Kalona housing market right now
In the three months ending August 31, 2026, 24% of homes in Kalona, IA 52247 sold above their list price, the typical home went under contract in 19 days and there were 0.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold faster (34 days then) and the median sale price rose 7% to $347,849. Overall, Kalona is more competitive than a year ago, so tougher for buyers.
Within Johnson County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 55%. On our competition score, Kalona ranks #18 of 156 IA ZIP codes with enough sales (score 73 out of 100).
Nearby, buyers who want less competition could look at Oxford 52322 (0% sold over asking) or Hills 52235 (0% sold over asking), while Tiffin 52340 (30% sold over asking) and Coralville 52241 (26% sold over asking) are even more competitive.
Run the numbers for 52247
Nearby markets
Coralville 52241Seller’s market $173 /sq ftHills 52235Seller’s market $145 /sq ftIowa City 52240Seller’s market $181 /sq ftIowa City 52245Seller’s market $184 /sq ft Browse all markets →Towns like Kalona nearby
Find towns like Kalona in other states →Where Kalona is
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Questions about Kalona real estate
Is Kalona a buyer’s or seller’s market?
A seller’s market: there were 0.6 months of supply in Kalona, IA 52247 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 Kalona?
The typical home went under contract in 19 days in the latest three months.
Do homes in Kalona sell over asking?
24% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Kalona?
About 1.52% of a home’s value a year in Johnson County, or roughly $6,080 on a $400,000 home.
What is the median home price in Kalona?
The median sale price was $347,849 in the three months ending August 31, 2026, about $151 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