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Featured local agent — Patterson, IA
Sarah Mitchell
Compass Real Estate · Patterson, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Patterson, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$242,950median sale price
How is the Patterson, IA housing market right now?
The median home sale price in Patterson, IA is $242,950. Homes sell in an average of 140 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Patterson a buyer's or seller's market?
Patterson, IA is currently a seller's market, based on 1.0 months of supply and homes selling in about 140 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
140
Average pace
Active listings
2
1.0 months supply
Sale-to-list
98.8%
Below asking
What does the Patterson housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $242,950 |
| Average days on market | 140 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $171/sq ft |
| Homes sold (latest month) | 2 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Patterson by property type?
How the Patterson, 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 | $242,950 | $171/sq ft | 2 | 140 days |
Source: Redfin · Updated monthly
The Patterson housing market is currently classified as a seller's market with a median sale price of $242,950. Prices have fallen 0.0% compared to last year, with homes spending an average of 140 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Patterson
There are currently 2 homes listed for sale in Patterson, Iowa.
Active listings
2
Homes on market
Avg. days on market
140
Days until sale
Who lives in Patterson?
Population
293
Median income
$71,786/yr
Median age
40.8 years
Owner-occupied
95.2%
College grads
8.5%
Avg commute
27.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Patterson?
Patterson is a community of approximately 0K residents with a median age of 40.8 years.The median household income is $71,786, which represents a working-class community with solid middle-income opportunities. 8.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 95.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Patterson offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Patterson, IA?
Want a head-to-head view? Compare Patterson side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Patterson?
The median home sale price in Patterson is $242,950, down 0.0% from last year.
How long do homes stay on market in Patterson?
Homes typically spend 140 days on market before going under contract.
What is the median income in Patterson?
The median household income is $71,786 per year.
Is Patterson a buyer's or seller's market?
With 1.0 months of supply, Patterson is currently a seller's market.
How much does a single-family home cost in Patterson?
The median single-family home price in Patterson, IA is $242,950 (about $171 per square foot).
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