Call or Text (240) SELL-123

COLO, IA 50056

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

Market Overview

Active Listings
3
⇩ 50% vs 6 last year
Pending
2
67% pending ratio
Median Price
$189,900
⇩ 20.8% vs $239,900 last year
Average Price
$189,900
⇩ 20.8% vs $239,900 last year
Days on Market
88
⇧ 29.4% vs 68 days last year

Market Context

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

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

Market Analysis

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

The COLO, IA real estate market (50056) currently shows 3 active listings, with 2 pending sales. Homes are averaging 88 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 88 days on market compared to 68 days last year.

The median listing price has fallen 20.8% year-over-year, from $239,900 to $189,900.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 6 last year
  • Days on market: 88 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $189,900 (-20.8% YoY)
  • Average: $189,900 (-20.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.1 miles — 89 listings ($28,505,036 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50056Colo, IA 500560.0 mi3$569,700$189,900$189,900
50201Nevada, IA 502017.6 mi31$9,662,049$269,450$311,679
50055Collins, IA 500559.3 mi3$525,000$182,000$175,000
50234Rhodes, IA 5023410.7 mi1$0$0$0
50154McCallsburg, IA 5015411.9 mi6$1,290,402$193,750$215,067
50162Melbourne, IA 5016213.4 mi2$379,900$189,950$189,950
50046Cambridge, IA 5004614.7 mi7$2,171,575$237,333$310,225
50005Albion, IA 5000515.8 mi3$502,500$167,500$167,500
50102Garden City, IA 5010216.5 mi1$215,000$215,000$215,000
50206New Providence, IA 5020616.9 mi2$950,000$475,000$475,000
50120Haverhill, IA 5012017.2 mi1$402,450$402,450$402,450
50124Huxley, IA 5012418.3 mi28$11,191,460$337,450$399,695
50148Liscomb, IA 5014819.1 mi1$645,000$645,000$645,000

Frequently Asked Questions

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

As of January 2026, there are 3 active listings in COLO, IA (zip code 50056), compared to 6 the prior year.

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

The median listing price in COLO, IA 50056 is $189,900 as of January 2026, a 20.8% decrease from $239,900 the prior year.

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

Homes in COLO, IA 50056 spend an average of 88 days on the market before going under contract, compared to 68 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 January 2026, COLO, IA 50056 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 88 days on market compared to 68 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 $3,798 compared to a typical 5% commission on the median listing price of $189,900. 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.