Is Cincinnati, IA 52549 a buyer’s or seller’s market?

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

Cincinnati is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market249Listing to accepted offer
Median price per sq ft$248▼ −34.0% vs. last year

The Cincinnati housing market right now

In the three months ending August 31, 2026, 0% of homes in Cincinnati, IA 52549 sold above their list price, the typical home went under contract in 249 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 (425 days then) and the median sale price fell 86% to $304,618. Overall, Cincinnati is more competitive than a year ago, so tougher for buyers.

Within Appanoose County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Moravia 52571 (33% sold over asking) and Centerville 52544 (21% sold over asking) are even more competitive.

Nearby markets

Centerville 52544Balanced $119 /sq ftExline 52555Buyer’s market $144 /sq ftMoravia 52571Balanced $139 /sq ftMoulton 52572Seller’s market $65 /sq ft Browse all markets →

Where Cincinnati is

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Questions about Cincinnati real estate

Is Cincinnati a buyer’s or seller’s market?

A buyer’s market: there were 8 months of supply in Cincinnati, IA 52549 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 Cincinnati?

The typical home went under contract in 249 days in the latest three months.

Do homes in Cincinnati sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.

What are property taxes in Cincinnati?

About 1.34% of a home’s value a year in Appanoose County, or roughly $5,360 on a $400,000 home.

What is the median home price in Cincinnati?

The median sale price was $304,618 in the three months ending August 31, 2026, about $248 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