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Featured local agent — Carter Lake, IA
Sarah Mitchell
Compass Real Estate · Carter Lake, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Carter Lake, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$220,500median sale price
How is the Carter Lake, IA housing market right now?
The median home sale price in Carter Lake, IA is $220,500, up 6.3% year-over-year. Homes sell in an average of 33 days with 6 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Carter Lake a buyer's or seller's market?
Carter Lake, IA is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 33 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
33
Average pace
Active listings
6
1.5 months supply
Sale-to-list
101.5%
Above asking
What does the Carter Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $220,500 |
| Median list price | $229,875 |
| Year-over-year price change | +6.3% |
| Average days on market | 33 days |
| Active inventory | 6 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 101.5% |
| Median price per sq ft | $149/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 4 |
| Listings with a price cut | 33.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Carter Lake by property type?
How the Carter Lake, 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 | $235,000 | $134/sq ft | 3 | 37 days |
| Condo / Co-op | $430,000 | $157/sq ft | 1 | 5 days |
| Townhouse | $206,000 | $165/sq ft | 1 | 21 days |
Source: Redfin · Updated monthly
The Carter Lake housing market is currently classified as a strong seller's market with a median sale price of $220,500. Prices have risen 6.3% compared to last year, with homes spending an average of 33 days on market, indicating 1.5 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 2.8x provides context for how home values compare to local earning capacity.
Homes for sale in Carter Lake
There are currently 6 homes listed for sale in Carter Lake, Iowa. The median listing price is $230K.
Active listings
6
Homes on market
Median list price
$230K
Avg. days on market
33
Days until sale
New this week
4
Newly listed
Who lives in Carter Lake?
Population
3,773
Median income
$75,037/yr
Median age
40.1 years
Owner-occupied
84.3%
College grads
12.9%
Avg commute
19.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Carter Lake?
Zillow home value
$213,281
Price-to-income
2.8x
Source: Zillow Research
What is it like to live in Carter Lake?
Carter Lake is a community of approximately 4K residents with a median age of 40.1 years.The median household income is $75,037, which reflects a relatively affluent area with strong earning potential. 12.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 84.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Carter Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Carter Lake?
1 schools tracked · 337 students
The largest public schools serving Carter Lake, 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.
Carter Lake Elementary School
Grades PK-5 · 337 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 Carter Lake, IA?
Want a head-to-head view? Compare Carter Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Carter Lake?
The median home sale price in Carter Lake is $220,500, up 6.3% from last year.
How long do homes stay on market in Carter Lake?
Homes typically spend 33 days on market before going under contract.
What is the median income in Carter Lake?
The median household income is $75,037 per year.
Is Carter Lake a buyer's or seller's market?
With 1.5 months of supply, Carter Lake is currently a strong seller's market.
What is the Zillow home value estimate for Carter Lake?
The Zillow Home Value Index (ZHVI) for Carter Lake is $213,281, representing the typical home value in the area.
What is the median condo price in Carter Lake?
The median condo/co-op sale price in Carter Lake, IA is $430,000, compared to $235,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Carter Lake?
The median single-family home price in Carter Lake, IA is $235,000 (about $134 per square foot).
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