Is Tama, IA 52339 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Tama is a seller’s market. With about 3.5 months of supply and 25% 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.

Months of supply3.5Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list94.2%Sold price ÷ list price
Median days on market32Listing to accepted offer
Median price per sq ft$96▼ −10.3% vs. last year

The Tama housing market right now

In the three months ending August 31, 2026, 25% of homes in Tama, IA 52339 sold above their list price, the typical home went under contract in 32 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold faster (40 days then) and the median sale price fell 27% to $163,679. Overall, Tama is more competitive than a year ago, so tougher for buyers.

Within Tama County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%.

Nearby, buyers who want less competition could look at Chelsea 52215 (0% sold over asking) or Garwin 50632 (0% sold over asking), while Toledo 52342 (33% sold over asking) and Traer 50675 (29% sold over asking) are even more competitive.

Nearby markets

Buckingham 50612 — /sq ftChelsea 52215Balanced $102 /sq ftClutier 52217 — /sq ftElberon 52225 — /sq ft Browse all markets →

Where Tama is

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Questions about Tama real estate

Is Tama a buyer’s or seller’s market?

A seller’s market: there were 3.5 months of supply in Tama, IA 52339 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 Tama?

The typical home went under contract in 32 days in the latest three months.

Do homes in Tama sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 94.2% of the list price.

What are property taxes in Tama?

About 1.37% of a home’s value a year in Tama County, or roughly $5,480 on a $400,000 home.

What is the median home price in Tama?

The median sale price was $163,679 in the three months ending August 31, 2026, about $96 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