Is Blakesburg, IA 52536 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Blakesburg 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-list100%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$232▲ +140.0% vs. last year

The Blakesburg housing market right now

In the three months ending August 31, 2026, 0% of homes in Blakesburg, IA 52536 sold above their list price and the typical home went under contract in 14 days. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (76 days then) and the median sale price rose 230% to $364,842. Overall, Blakesburg is more competitive than a year ago, so tougher for buyers.

Nearby, Agency 52530 (50% sold over asking) and Ottumwa 52501 (14% sold over asking) are even more competitive.

Nearby markets

Agency 52530Buyer’s market $129 /sq ftEddyville 52553 — /sq ftEldon 52554Buyer’s market — /sq ftOttumwa 52501Seller’s market $121 /sq ft Browse all markets →

Where Blakesburg is

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Questions about Blakesburg real estate

How fast do homes sell in Blakesburg?

The typical home went under contract in 14 days in the latest three months.

Do homes in Blakesburg sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Blakesburg?

About 1.58% of a home’s value a year in Wapello County, or roughly $6,320 on a $400,000 home.

What is the median home price in Blakesburg?

The median sale price was $364,842 in the three months ending August 31, 2026, about $232 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