Call or Text (240) SELL-123

COLO, IA 50056

Real Estate Market Report  ·  Story County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The COLO, IA real estate market (50056) currently shows 5 active listings, with 3 pending sales. Homes are averaging 3 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 3 days on market compared to 19 days last year.

The median listing price has fallen 46.1% year-over-year, from $444,975 to $239,950.

Whether you are buying or selling in COLO, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for COLO, IA 50056 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 1,190  ·  Density: 7.5/mi²  ·  Median household income: $76,875

Typical home value: $162,285  ·  Homeownership: 85.0%

Market Overview

Active Listings
5
⇧ 25% vs 4 last year
Pending
3
60% pending ratio
Median Price
$239,950
⇩ 46.1% vs $444,975 last year
Average Price
$239,450
⇩ 46.2% vs $444,975 last year
Days on Market
3
⇩ 84.2% vs 19 days last year

Price Per Square Foot

Median $/sqft
$175
⇩ 50.6% vs $354/sqft last year
Median Home Size
1,353 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 4 last year
  • Days on market: 3 now vs 19 last year

Median & Average Pricing

Year over Year
  • Median: $239,950 (-46.1% YoY)
  • Average: $239,450 (-46.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.1 miles — 101 listings ($28,848,210 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50056Colo, IA 500560.0 mi2$379,800$189,900$189,900
50201Nevada, IA 502017.6 mi35$12,465,390$299,999$356,154
50055Collins, IA 500559.3 mi3$503,250$176,250$167,750
50154McCallsburg, IA 5015411.9 mi6$1,306,680$187,500$217,780
50162Melbourne, IA 5016213.4 mi3$622,275$207,425$207,425
50046Cambridge, IA 5004614.7 mi7$2,024,750$230,000$289,250
50005Albion, IA 5000515.8 mi1$153,675$153,675$153,675
50168Mingo, IA 5016816.8 mi4$909,632$290,000$227,408
50127Ira, IA 5012717.0 mi1$114,900$114,900$114,900
50258Union, IA 5025818.3 mi7$958,090$106,900$136,870
50105Gilbert, IA 5010518.8 mi8$4,002,808$498,425$500,351
50122Hubbard, IA 5012219.6 mi8$1,026,032$132,600$128,254
50248Story City, IA 5024820.1 mi16$4,380,928$239,250$273,808

Frequently Asked Questions

How many homes are for sale in COLO, IA 50056?

As of April 2026, there are 5 active listings in COLO, IA (zip code 50056), compared to 4 the prior year.

What is the median home price in COLO, IA 50056?

The median listing price in COLO, IA 50056 is $239,950 as of April 2026, a 46.1% decrease from $444,975 the prior year.

How long do homes stay on the market in COLO, IA?

Homes in COLO, IA 50056 spend an average of 3 days on the market before going under contract, compared to 19 days the prior year.

Is it a seller's or buyer's market in COLO, IA 50056?

Based on current inventory and days-on-market data as of April 2026, COLO, IA 50056 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 3 days on market compared to 19 days last year.

How much can I save on real estate commission in COLO, IA?

With SELL123.com's maximum 3% commission, sellers in COLO, IA 50056 save an estimated $4,799 compared to a typical 5% commission on the median listing price of $239,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.