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NEW MARKET, IA 51646

Real Estate Market Report  ·  Taylor County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The NEW MARKET, IA real estate market (51646) currently shows 2 active listings, with 1 pending sales. Homes are averaging 155 days on the market before going under contract.

Whether you are buying or selling in NEW MARKET, 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: 780  ·  Density: 5.3/mi²  ·  Median household income: $62,109

Typical home value: $94,573  ·  Homeownership: 83.3%

Market Overview

Active Listings
2
Pending
1
50% pending ratio
Median Price
$85,000
Average Price
$85,000
Days on Market
155

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

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 31.1 miles — 192 listings ($40,151,788 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51646New Market, IA 516460.0 mi2$170,000$85,000$85,000
51632Clarinda, IA 516329.3 mi23$3,827,407$125,000$166,409
50862Sharpsburg, IA 5086212.3 mi1$360,000$360,000$360,000
64461Hopkins, MO 6446116.1 mi2$179,500$89,750$89,750
64431Clearmont, MO 6443116.6 mi2$372,000$186,000$186,000
51573Stanton, IA 5157319.5 mi6$1,833,798$310,000$305,633
50851Lenox, IA 5085120.4 mi9$1,728,171$239,750$192,019
64486Sheridan, MO 6448620.5 mi0$0$64,000$64,000
51638Essex, IA 5163821.4 mi3$783,675$260,000$261,225
51601Shenandoah, IA 5160125.1 mi27$5,551,605$165,500$205,615
51566Red Oak, IA 5156626.0 mi44$8,256,996$153,250$187,659
64468Maryville, MO 6446828.4 mi71$16,934,636$199,500$238,516
64456Grant City, MO 6445631.1 mi2$154,000$77,000$77,000

Frequently Asked Questions

How many homes are for sale in NEW MARKET, IA 51646?

As of February 2026, there are 2 active listings in NEW MARKET, IA (zip code 51646).

What is the median home price in NEW MARKET, IA 51646?

The median listing price in NEW MARKET, IA 51646 is $85,000 as of February 2026.

How long do homes stay on the market in NEW MARKET, IA?

Homes in NEW MARKET, IA 51646 spend an average of 155 days on the market before going under contract.

Is it a seller's or buyer's market in NEW MARKET, IA 51646?

Based on current inventory and days-on-market data as of February 2026, NEW MARKET, IA 51646 is currently a Balanced Market.

How much can I save on real estate commission in NEW MARKET, IA?

With SELL123.com's maximum 3% commission, sellers in NEW MARKET, IA 51646 save an estimated $1,700 compared to a typical 5% commission on the median listing price of $85,000. 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.