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Is Parnell, IA 52325 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Parnell 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 list33.3%Share of sales, last 3 months
Median sale-to-list99.7%Sold price ÷ list price
Median days on market1Listing to accepted offer
Median price per sq ft$222▲ +57.6% vs. last year

The Parnell housing market right now

In the three months ending August 31, 2026, 33% of homes in Parnell, IA 52325 sold above their list price and the typical home went under contract in 1 day. With only 3 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 faster (48 days then) and the median sale price rose 3% to $489,788. Overall, Parnell is more competitive than a year ago, so tougher for buyers.

Within Iowa County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 88%.

Nearby, buyers who want less competition could look at Victor 52347 (0% sold over asking) or North English 52316 (0% sold over asking).

Run the numbers for 52325

Prefilled for 52325Can I win this house?Multiple-offer likelihood for a listing Prefilled for 52325Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Amana 52203Seller’s market $139 /sq ftHomestead 52236Buyer’s market $148 /sq ftLadora 52251 $135 /sq ftMarengo 52301Seller’s market $109 /sq ft Browse all markets →

Where Parnell is

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Questions about Parnell real estate

How fast do homes sell in Parnell?

The typical home went under contract in 1 days in the latest three months.

Do homes in Parnell sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.

What are property taxes in Parnell?

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 Parnell?

The median sale price was $489,788 in the three months ending August 31, 2026, about $222 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