Is Keokuk, IA 52632 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Keokuk is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score12/ 100

More competitive than 6% of U.S. ZIP codes, and #151 of 156 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.4Under 4 months = seller’s market
Sold above original list2.8%Share of sales, last 3 months
Median sale-to-list94.2%Sold price ÷ list price
Median days on market63Listing to accepted offer
Median price per sq ft$79▲ +6.8% vs. last year

The Keokuk housing market right now

In the three months ending August 31, 2026, 3% of homes in Keokuk, IA 52632 sold above their list price, the typical home went under contract in 63 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 37 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold about as fast and the median sale price held steady to $114,201. Overall, Keokuk is less competitive than a year ago, which gives buyers more room.

Within Lee County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Keokuk ranks #151 of 156 IA ZIP codes with enough sales (score 12 out of 100).

Nearby, buyers who want less competition could look at Wever 52658 (0% sold over asking) or Farmington 52626 (0% sold over asking), while West Point 52656 (25% sold over asking) and Montrose 52639 (22% sold over asking) are even more competitive.

Nearby markets

Donnellson 52625Buyer’s market $125 /sq ftFarmington 52626Seller’s market $160 /sq ftFort Madison 52627Balanced $85 /sq ftMontrose 52639Seller’s market $103 /sq ft Browse all markets →

Where Keokuk is

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Questions about Keokuk real estate

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

A balanced market: there were 4.4 months of supply in Keokuk, IA 52632 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 Keokuk?

The typical home went under contract in 63 days in the latest three months.

Do homes in Keokuk sell over asking?

3% 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 Keokuk?

About 1.38% of a home’s value a year in Lee County, or roughly $5,520 on a $400,000 home.

What is the median home price in Keokuk?

The median sale price was $114,201 in the three months ending August 31, 2026, about $79 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