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Featured local agent — Correctionville, IA
Sarah Mitchell
Compass Real Estate · Correctionville, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Correctionville, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$142,000median sale price
How is the Correctionville, IA housing market right now?
The median home sale price in Correctionville, IA is $142,000. Homes sell in an average of 159 days with 5 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Correctionville a buyer's or seller's market?
Correctionville, IA is currently a balanced market, based on 5.0 months of supply and homes selling in about 159 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
159
Average pace
Active listings
5
5.0 months supply
Sale-to-list
101.5%
Above asking
What does the Correctionville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $142,000 |
| Median list price | $130,000 |
| Average days on market | 159 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 101.5% |
| Median price per sq ft | $99/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Correctionville by property type?
How the Correctionville, 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 | $142,000 | $99/sq ft | 1 | 159 days |
Source: Redfin · Updated monthly
The Correctionville housing market is currently classified as a balanced market with a median sale price of $142,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 159 days on market, indicating 5.0 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 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Correctionville
There are currently 5 homes listed for sale in Correctionville, Iowa. The median listing price is $130K.
Active listings
5
Homes on market
Median list price
$130K
Avg. days on market
159
Days until sale
New this week
3
Newly listed
Who lives in Correctionville?
Population
768
Median income
$51,125/yr
Median age
35.5 years
Owner-occupied
89.4%
College grads
12.6%
Avg commute
31.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Correctionville?
Zillow home value
$171,064
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Correctionville?
Correctionville is a community of approximately 1K residents with a median age of 35.5 years.The median household income is $51,125, which represents a working-class community with solid middle-income opportunities. 12.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 89.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Correctionville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Correctionville?
1 schools tracked · 148 students
The largest public schools serving Correctionville, 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.
River Valley Junior- Senior High School
Grades 6-12 · 148 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 Correctionville, IA?
Want a head-to-head view? Compare Correctionville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Correctionville?
The median home sale price in Correctionville is $142,000, down 0.0% from last year.
How long do homes stay on market in Correctionville?
Homes typically spend 159 days on market before going under contract.
What is the median income in Correctionville?
The median household income is $51,125 per year.
Is Correctionville a buyer's or seller's market?
With 5.0 months of supply, Correctionville is currently a balanced market.
What is the Zillow home value estimate for Correctionville?
The Zillow Home Value Index (ZHVI) for Correctionville is $171,064, representing the typical home value in the area.
How much does a single-family home cost in Correctionville?
The median single-family home price in Correctionville, IA is $142,000 (about $99 per square foot).
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