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Featured local agent — Alleman, IA
Sarah Mitchell
Compass Real Estate · Alleman, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Alleman, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$795,000median sale price
How is the Alleman, IA housing market right now?
The median home sale price in Alleman, IA is $795,000. Homes sell in an average of 136 days with 1 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Alleman a buyer's or seller's market?
Alleman, IA is currently a balanced market, based on 1.0 months of supply and homes selling in about 136 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
136
Average pace
Active listings
1
1.0 months supply
Sale-to-list
94.7%
Below asking
What does the Alleman housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $795,000 |
| Average days on market | 136 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 94.7% |
| Median price per sq ft | $382/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Alleman by property type?
How the Alleman, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $795,000 | $382/sq ft | 1 | 136 days |
Source: Redfin · Updated monthly
The Alleman housing market is currently classified as a balanced market with a median sale price of $795,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 136 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Alleman
There are currently 1 homes listed for sale in Alleman, Iowa.
Active listings
1
Homes on market
Avg. days on market
136
Days until sale
Who lives in Alleman?
Population
400
Median income
$120,833/yr
Median age
47.8 years
Owner-occupied
100.0%
College grads
46.2%
Avg commute
21.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Alleman?
Zillow home value
$391,054
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Alleman?
Alleman is a community of approximately 0K residents with a median age of 47.8 years.The median household income is $120,833, which reflects a relatively affluent area with strong earning potential. 46.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Alleman offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Alleman?
3 schools tracked · 1,519 students
The largest public schools serving Alleman, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
North Polk High School
Grades 9-12 · 647 students
North Polk Middle School
Grades 6-8 · 493 students
North Polk Central Elementary School
Grades PK-5 · 379 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Alleman, IA?
Want a head-to-head view? Compare Alleman side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Alleman?
The median home sale price in Alleman is $795,000, down 0.0% from last year.
How long do homes stay on market in Alleman?
Homes typically spend 136 days on market before going under contract.
What is the median income in Alleman?
The median household income is $120,833 per year.
Is Alleman a buyer's or seller's market?
With 1.0 months of supply, Alleman is currently a balanced market.
What is the Zillow home value estimate for Alleman?
The Zillow Home Value Index (ZHVI) for Alleman is $391,054, representing the typical home value in the area.
How much does a single-family home cost in Alleman?
The median single-family home price in Alleman, IA is $795,000 (about $382 per square foot).
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