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LAMONI, IA 50140

Real Estate Market Report  ·  Decatur County
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The LAMONI, IA real estate market (50140) currently shows 11 active listings, with 1 pending sales. Homes are averaging 115 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 115 days on market compared to 55 days last year.

The median listing price has fallen 31.5% year-over-year, from $218,750 to $149,950.

Whether you are buying or selling in LAMONI, 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.

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Market Context

Market Context

Population: 2,973  ·  Density: 12.4/mi²  ·  Median household income: $54,808

Typical home value: $107,399  ·  Homeownership: 59.0%

Market Overview

Active Listings
11
⇩ 31.3% vs 16 last year
Pending
1
9% pending ratio
Median Price
$149,950
⇩ 31.5% vs $218,750 last year
Average Price
$148,222
⇩ 57.6% vs $349,826 last year
Days on Market
115
⇧ 109.1% vs 55 days last year

Price Per Square Foot

Median $/sqft
$93
⇩ 31.1% vs $135/sqft last year
Median Home Size
1,562 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 16 last year
  • Days on market: 115 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $149,950 (-31.5% YoY)
  • Average: $148,222 (-57.6% 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 29.0 miles — 60 listings ($10,984,006 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50140Lamoni, IA 501400.0 mi12$2,167,524$161,000$180,627
64426Blythedale, MO 6442610.8 mi1$69,000$69,000$69,000
50854Mount Ayr, IA 5085412.5 mi12$2,758,248$179,225$229,854
50144Leon, IA 5014414.9 mi8$1,072,264$121,250$134,033
50863Tingley, IA 5086317.3 mi1$40,000$40,000$40,000
64481Ridgeway, MO 6448120.1 mi2$1,065,000$532,500$532,500
50103Garden Grove, IA 5010322.6 mi0$0$69,900$69,900
50147Lineville, IA 5014723.4 mi1$65,000$65,000$65,000
50254Thayer, IA 5025424.7 mi0$0$115,000$115,000
64661Mercer, MO 6466125.9 mi4$616,300$164,900$154,075
64673Princeton, MO 6467327.6 mi8$1,138,920$137,500$142,365
50840Clearfield, IA 5084027.9 mi3$727,350$242,450$242,450
50123Humeston, IA 5012329.0 mi8$1,264,400$135,000$158,050

Frequently Asked Questions

How many homes are for sale in LAMONI, IA 50140?

As of June 2026, there are 11 active listings in LAMONI, IA (zip code 50140), compared to 16 the prior year.

What is the median home price in LAMONI, IA 50140?

The median listing price in LAMONI, IA 50140 is $149,950 as of June 2026, a 31.5% decrease from $218,750 the prior year.

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

Homes in LAMONI, IA 50140 spend an average of 115 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in LAMONI, IA 50140?

Based on current inventory and days-on-market data as of June 2026, LAMONI, IA 50140 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 115 days on market compared to 55 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LAMONI, IA 50140 save an estimated $2,999 compared to a typical 5% commission on the median listing price of $149,950. 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.