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Featured local agent — Newell, IA
Sarah Mitchell
Compass Real Estate · Newell, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Newell, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$118,000median sale price
How is the Newell, IA housing market right now?
The median home sale price in Newell, IA is $118,000, down 37.1% year-over-year. Homes sell in an average of 7 days with 1 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 Newell a buyer's or seller's market?
Newell, IA is currently a strong seller's market, based on 0.5 months of supply and homes selling in about 7 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
7
Fast-moving
Active listings
1
0.5 months supply
Sale-to-list
96.4%
Below asking
What does the Newell housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $118,000 |
| Median list price | $160,000 |
| Year-over-year price change | -37.1% |
| Average days on market | 7 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 96.4% |
| Median price per sq ft | $104/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 4 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Newell by property type?
How the Newell, 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 | $118,000 | $104/sq ft | 2 | 7 days |
Source: Redfin · Updated monthly
The Newell housing market is currently classified as a strong seller's market with a median sale price of $118,000. Prices have fallen 37.1% compared to last year, with homes spending an average of 7 days on market, indicating 0.5 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 2.7x provides context for how home values compare to local earning capacity.
Homes for sale in Newell
There are currently 1 homes listed for sale in Newell, Iowa. The median listing price is $160K.
Active listings
1
Homes on market
Median list price
$160K
Avg. days on market
7
Days until sale
New this week
4
Newly listed
Who lives in Newell?
Population
924
Median income
$66,406/yr
Median age
37 years
Owner-occupied
73.6%
College grads
14.9%
Avg commute
21.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Newell?
Zillow home value
$177,152
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Newell?
Newell is a community of approximately 1K residents with a median age of 37 years.The median household income is $66,406, which represents a working-class community with solid middle-income opportunities. 14.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 73.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Newell offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Newell?
3 schools tracked · 556 students
The largest public schools serving Newell, 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.
Newell-Fonda Elementary
Grades PK-5 · 287 students
Newell-Fonda High School
Grades 9-12 · 139 students
Newell-Fonda Middle Sch.
Grades 6-8 · 130 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 Newell, IA?
Want a head-to-head view? Compare Newell side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Newell?
The median home sale price in Newell is $118,000, down 37.1% from last year.
How long do homes stay on market in Newell?
Homes typically spend 7 days on market before going under contract.
What is the median income in Newell?
The median household income is $66,406 per year.
Is Newell a buyer's or seller's market?
With 0.5 months of supply, Newell is currently a strong seller's market.
What is the Zillow home value estimate for Newell?
The Zillow Home Value Index (ZHVI) for Newell is $177,152, representing the typical home value in the area.
How much does a single-family home cost in Newell?
The median single-family home price in Newell, IA is $118,000 (about $104 per square foot).
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