Mason City, IA Housing Market & Real Estate

Buyer's market+16.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Mason City, IA is $175,000, up 16.7% year-over-year. Homes sell in an average of 73 days with 95 active listings. The market is currently a buyer's market.

$175,000median sale price

Is Mason City a buyer's or seller's market?

Buyer's market5.6 months of supply73 avg. days on market

Mason City, IA is currently a buyer's market, based on 5.6 months of supply and homes selling in about 73 days. How we determine this →

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

Mason City, IA market data

Current housing market statistics for Mason City, IA
MetricValue
Median sale price$175,000
Median list price$195,000
Year-over-year price change+16.7%
Average days on market73 days
Active inventory95 listings
Months of supply5.6 months
Sale-to-list price ratio96.0%
Market conditionBuyer's market

Source: Redfin · Updated weekly

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

Homes for sale in Mason City

There are currently 95 homes listed for sale in Mason City, Iowa. The median listing price is $195K.

Active listings

95

Homes on market

Median list price

$195K

Avg. days on market

73

Days until sale

New this week

25

Newly listed

Price drops:14.7%of listings
Sale-to-list:96.0%

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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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