Is Shellsburg, IA 52332 a buyer’s or seller’s market?
Shellsburg is a seller’s market. With about 2.6 months of supply and 0% 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 Shellsburg housing market right now
In the three months ending August 31, 2026, 0% of homes in Shellsburg, IA 52332 sold above their list price, the typical home went under contract in 43 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 67%, homes sold more slowly (12 days then) and the median sale price rose 37% to $324,859. Overall, Shellsburg is less competitive than a year ago, which gives buyers more room.
Within Benton County, homes here sell faster than in 57% 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.
Run the numbers for 52332
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 →Towns like Shellsburg nearby
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Questions about Shellsburg real estate
Is Shellsburg a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Shellsburg, IA 52332 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 Shellsburg?
The typical home went under contract in 43 days in the latest three months.
Do homes in Shellsburg sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Shellsburg?
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 Shellsburg?
The median sale price was $324,859 in the three months ending August 31, 2026, about $155 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