Is Martelle, IA 52305 a buyer’s or seller’s market?
Martelle is a seller’s market. With about 0.5 months of supply and 17% 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.
The Martelle housing market right now
In the three months ending August 31, 2026, 17% of homes in Martelle, IA 52305 sold above their list price, the typical home went under contract in 44 days and there were 0.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 0%, homes sold more slowly (35 days then) and the median sale price fell 17% to $194,416. Overall, Martelle is more competitive than a year ago, so tougher for buyers.
Within Jones County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Wyoming 52362 (0% sold over asking) or Oxford Junction 52323 (0% sold over asking), while Morley 52312 (100% sold over asking) and Olin 52320 (33% sold over asking) are even more competitive.
Run the numbers for 52305
Nearby markets
Anamosa 52205Seller’s market $132 /sq ftCascade 52033Seller’s market $127 /sq ftLangworthy 52252 — /sq ftMonticello 52310Seller’s market $111 /sq ft Browse all markets →Where Martelle is
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Questions about Martelle real estate
Is Martelle a buyer’s or seller’s market?
A seller’s market: there were 0.5 months of supply in Martelle, IA 52305 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 Martelle?
The typical home went under contract in 44 days in the latest three months.
Do homes in Martelle sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Martelle?
About 1.33% of a home’s value a year in Jones County, or roughly $5,320 on a $400,000 home.
What is the median home price in Martelle?
The median sale price was $194,416 in the three months ending August 31, 2026, about $104 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