Is Luzerne, IA 52257 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Luzerne is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94%Sold price ÷ list price
Median days on market16Listing to accepted offer
Median price per sq ft$59

The Luzerne housing market right now

In the three months ending August 31, 2026, 0% of homes in Luzerne, IA 52257 sold above their list price and the typical home went under contract in 16 days. With only 1 sale, these figures can swing a lot from month to month.

Within Benton County, homes here sell faster than in 71% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Newhall 52315 (45% sold over asking) and Belle Plaine 52208 (33% sold over asking) are even more competitive.

Nearby markets

Atkins 52206Seller’s market $140 /sq ftBelle Plaine 52208Buyer’s market $91 /sq ftBlairstown 52209Buyer’s market $278 /sq ftDysart 52224Balanced $90 /sq ft Browse all markets →

Where Luzerne is

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Questions about Luzerne real estate

How fast do homes sell in Luzerne?

The typical home went under contract in 16 days in the latest three months.

Do homes in Luzerne sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.0% of the list price.

What are property taxes in Luzerne?

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 Luzerne?

The median sale price was $149,835 in the three months ending August 31, 2026, about $59 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