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LE MARS, IA 51031

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The LE MARS, IA real estate market (51031) currently shows 19 active listings, with 1 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 33 days on market compared to 89 days last year.

The median listing price has risen 5% year-over-year, from $328,000 to $344,450.

Whether you are buying or selling in LE MARS, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 12,595  ·  Density: 20.8/mi²  ·  Median household income: $75,540

Typical home value: $190,942  ·  Homeownership: 69.5%

Market Overview

Active Listings
19
⇩ 26.9% vs 26 last year
Pending
1
5% pending ratio
Median Price
$344,450
⇧ 5% vs $328,000 last year
Average Price
$416,139
⇧ 26.1% vs $329,910 last year
Days on Market
33
⇩ 62.9% vs 89 days last year

Price Per Square Foot

Median $/sqft
$158
⇧ 12.9% vs $140/sqft last year
Median Home Size
2,110 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 19 this year vs 26 last year
  • Days on market: 33 now vs 89 last year

Median & Average Pricing

Year over Year
  • Median: $344,450 (+5% YoY)
  • Average: $416,139 (+26.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.5 miles — 168 listings ($52,411,200 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51031Le Mars, IA 510310.0 mi17$5,775,903$300,000$339,759
51036Maurice, IA 5103611.6 mi3$842,001$299,000$280,667
51024Hinton, IA 5102413.3 mi7$3,434,669$485,000$490,667
51003Alton, IA 5100315.9 mi5$1,531,000$348,000$306,200
51028Kingsley, IA 5102817.0 mi4$2,293,200$514,900$573,300
51001Akron, IA 5100118.6 mi7$1,891,316$274,000$270,188
51035Marcus, IA 5103519.4 mi1$370,000$370,000$370,000
51023Hawarden, IA 5102320.3 mi6$2,146,560$234,000$357,760
51022Granville, IA 5102220.8 mi2$811,500$405,750$405,750
51104Sioux City, IA 5110421.7 mi50$14,636,300$269,500$292,726
51105Sioux City, IA 5110522.5 mi7$1,156,267$170,000$165,181
51238Hospers, IA 5123823.9 mi1$285,000$285,000$285,000
51106Sioux City, IA 5110624.5 mi58$17,237,484$240,000$297,198

Frequently Asked Questions

How many homes are for sale in LE MARS, IA 51031?

As of February 2026, there are 19 active listings in LE MARS, IA (zip code 51031), compared to 26 the prior year.

What is the median home price in LE MARS, IA 51031?

The median listing price in LE MARS, IA 51031 is $344,450 as of February 2026, a 5% increase from $328,000 the prior year.

How long do homes stay on the market in LE MARS, IA?

Homes in LE MARS, IA 51031 spend an average of 33 days on the market before going under contract, compared to 89 days the prior year.

Is it a seller's or buyer's market in LE MARS, IA 51031?

Based on current inventory and days-on-market data as of February 2026, LE MARS, IA 51031 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 33 days on market compared to 89 days last year.

How much can I save on real estate commission in LE MARS, IA?

With SELL123.com's maximum 3% commission, sellers in LE MARS, IA 51031 save an estimated $6,889 compared to a typical 5% commission on the median listing price of $344,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.