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WAPELLO, IA 52653

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

Market Analysis

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

The WAPELLO, IA real estate market (52653) currently shows 18 active listings, with 2 pending sales. Homes are averaging 143 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 143 days on market compared to 79 days last year.

The median listing price has risen 34.5% year-over-year, from $147,900 to $198,925.

Whether you are buying or selling in WAPELLO, 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: 3,109  ·  Density: 10.8/mi²  ·  Median household income: $71,190

Typical home value: $127,611  ·  Homeownership: 68.5%

Market Overview

Active Listings
18
⇧ 200% vs 6 last year
Pending
2
11% pending ratio
Median Price
$198,925
⇧ 34.5% vs $147,900 last year
Average Price
$226,032
⇧ 25.9% vs $179,520 last year
Days on Market
143
⇧ 81% vs 79 days last year

Price Per Square Foot

Median $/sqft
$128
⇩ 0.8% vs $129/sqft last year
Median Home Size
1,432 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 6 last year
  • Days on market: 143 now vs 79 last year

Median & Average Pricing

Year over Year
  • Median: $198,925 (+34.5% YoY)
  • Average: $226,032 (+25.9% 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 23.3 miles — 276 listings ($53,399,917 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52653Wapello, IA 526530.0 mi15$3,432,570$199,000$228,838
52640Morning Sun, IA 526408.2 mi4$94,000$23,500$23,500
52637Mediapolis, IA 5263710.2 mi7$2,238,250$339,000$319,750
61442Keithsburg, IL 6144212.9 mi1$62,500$62,500$62,500
52737Columbus City, IA 5273713.0 mi1$158,900$158,900$158,900
52659Winfield, IA 5265914.8 mi10$2,447,000$234,900$244,700
52644Mount Union, IA 5264416.1 mi2$263,900$131,950$131,950
61469Oquawka, IL 6146919.0 mi3$409,701$89,900$136,567
52761Muscatine, IA 5276119.4 mi76$15,447,076$162,950$203,251
52647Olds, IA 5264720.4 mi1$164,900$164,900$164,900
52601Burlington, IA 5260121.6 mi132$23,793,660$115,000$180,255
61231Aledo, IL 6123122.7 mi20$3,787,860$142,450$189,393
52201Ainsworth, IA 5220123.3 mi4$1,099,600$274,900$274,900

Frequently Asked Questions

How many homes are for sale in WAPELLO, IA 52653?

As of February 2026, there are 18 active listings in WAPELLO, IA (zip code 52653), compared to 6 the prior year.

What is the median home price in WAPELLO, IA 52653?

The median listing price in WAPELLO, IA 52653 is $198,925 as of February 2026, a 34.5% increase from $147,900 the prior year.

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

Homes in WAPELLO, IA 52653 spend an average of 143 days on the market before going under contract, compared to 79 days the prior year.

Is it a seller's or buyer's market in WAPELLO, IA 52653?

Based on current inventory and days-on-market data as of February 2026, WAPELLO, IA 52653 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 143 days on market compared to 79 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WAPELLO, IA 52653 save an estimated $3,979 compared to a typical 5% commission on the median listing price of $198,925. 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.