Mason City, IA
Housing market overview · Updated weekly
$175,000median sale price
Homes sold
17
Last 12 weeks
Days on market
73
Average pace
Active listings
95
5.6 months supply
Sale-to-list
96.0%
Below asking
The Mason City housing market is currently classified as a buyer's market with a median sale price of $175,000. Prices have risen 16.7% compared to last year, with homes spending an average of 73 days on market, indicating 5.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Mason City?
The median home sale price in Mason City is $175,000, up 16.7% from last year.
How long do homes stay on market in Mason City?
Homes typically spend 73 days on market before going under contract.
Is Mason City a buyer's or seller's market?
With 5.6 months of supply, Mason City is currently a buyer's market.
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