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ROCK RAPIDS, IA 51246

Real Estate Market Report  ·  Lyon County
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The ROCK RAPIDS, IA real estate market (51246) currently shows 27 active listings, with 3 pending sales. Homes are averaging 140 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 140 days on market compared to 45 days last year.

The median listing price has fallen 18.2% year-over-year, from $409,900 to $335,375.

Whether you are buying or selling in ROCK RAPIDS, 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: 4,007  ·  Density: 9.6/mi²  ·  Median household income: $70,625

Typical home value: $221,080  ·  Homeownership: 82.4%

Market Overview

Active Listings
27
⇧ 68.8% vs 16 last year
Pending
3
11% pending ratio
Median Price
$335,375
⇩ 18.2% vs $409,900 last year
Average Price
$307,920
⇩ 35.9% vs $480,095 last year
Days on Market
140
⇧ 211.1% vs 45 days last year

Price Per Square Foot

Median $/sqft
$180
⇩ 28.3% vs $251/sqft last year
Median Home Size
1,607 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 16 last year
  • Days on market: 140 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $335,375 (-18.2% YoY)
  • Average: $307,920 (-35.9% 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 25.0 miles — 388 listings ($188,208,084 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51246Rock Rapids, IA 512460.0 mi28$8,484,336$314,350$303,012
51235Doon, IA 512359.5 mi4$911,500$218,250$227,875
56138Hills, MN 5613813.1 mi3$973,350$324,450$324,450
56158Magnolia, MN 5615814.9 mi1$180,000$180,000$180,000
56156Luverne, MN 5615616.5 mi29$7,871,412$237,450$271,428
56116Beaver Creek, MN 5611616.9 mi5$3,719,600$525,000$743,920
51234Boyden, IA 5123417.7 mi8$2,296,000$190,000$287,000
57068Valley Springs, SD 5706819.3 mi3$1,524,900$399,900$508,300
51249Sibley, IA 5124921.8 mi5$1,323,500$226,950$264,700
51201Sheldon, IA 5120122.7 mi24$7,925,568$274,000$330,232
51250Sioux Center, IA 5125023.8 mi23$10,618,341$439,000$461,667
57013Canton, SD 5701324.9 mi14$6,114,080$274,500$436,720
57110Sioux Falls, SD 5711025.0 mi241$136,265,497$492,800$565,417

Frequently Asked Questions

How many homes are for sale in ROCK RAPIDS, IA 51246?

As of February 2026, there are 27 active listings in ROCK RAPIDS, IA (zip code 51246), compared to 16 the prior year.

What is the median home price in ROCK RAPIDS, IA 51246?

The median listing price in ROCK RAPIDS, IA 51246 is $335,375 as of February 2026, a 18.2% decrease from $409,900 the prior year.

How long do homes stay on the market in ROCK RAPIDS, IA?

Homes in ROCK RAPIDS, IA 51246 spend an average of 140 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in ROCK RAPIDS, IA 51246?

Based on current inventory and days-on-market data as of February 2026, ROCK RAPIDS, IA 51246 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 140 days on market compared to 45 days last year.

How much can I save on real estate commission in ROCK RAPIDS, IA?

With SELL123.com's maximum 3% commission, sellers in ROCK RAPIDS, IA 51246 save an estimated $6,708 compared to a typical 5% commission on the median listing price of $335,375. 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.