Is Nichols, IA 52766 a buyer’s or seller’s market?

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

Nichols is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply16Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list102.6%Sold price ÷ list price
Median days on market119Listing to accepted offer
Median price per sq ft$222▲ +227.5% vs. last year

The Nichols housing market right now

In the three months ending August 31, 2026, 0% of homes in Nichols, IA 52766 sold above their list price, the typical home went under contract in 119 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 50%, homes sold faster (163 days then) and the median sale price rose 50% to $199,913. Overall, Nichols is less competitive than a year ago, which gives buyers more room.

Within Muscatine County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, West Liberty 52776 (60% sold over asking) and Letts 52754 (50% sold over asking) are even more competitive.

Nearby markets

Atalissa 52720 — /sq ftDurant 52747Seller’s market $178 /sq ftFruitland 52749 $136 /sq ftLetts 52754Seller’s market $131 /sq ft Browse all markets →

Where Nichols is

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Questions about Nichols real estate

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

A buyer’s market: there were 16 months of supply in Nichols, IA 52766 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 Nichols?

The typical home went under contract in 119 days in the latest three months.

Do homes in Nichols sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 102.6% of the list price.

What are property taxes in Nichols?

About 1.50% of a home’s value a year in Muscatine County, or roughly $6,000 on a $400,000 home.

What is the median home price in Nichols?

The median sale price was $199,913 in the three months ending August 31, 2026, about $222 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