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MENLO, IA 50164

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The MENLO, IA real estate market (50164) currently shows 3 active listings, with 1 pending sales. Homes are averaging 116 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 116 days on market compared to 85 days last year.

The median listing price has fallen 35.7% year-over-year, from $278,625 to $179,125.

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Market Context

Market Context

Population: 679  ·  Density: 5.3/mi²  ·  Median household income: $75,875

Typical home value: $0  ·  Homeownership: 91.6%

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
1
33% pending ratio
Median Price
$179,125
⇩ 35.7% vs $278,625 last year
Average Price
$199,525
⇩ 38.5% vs $324,375 last year
Days on Market
116
⇧ 36.5% vs 85 days last year

Price Per Square Foot

Median $/sqft
$144
⇩ 35.4% vs $223/sqft last year
Median Home Size
1,351 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
—

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 5 last year
  • Days on market: 116 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $179,125 (-35.7% YoY)
  • Average: $199,525 (-38.5% 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 25.7 miles — 114 listings ($50,968,609 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50164Menlo, IA 501640.0 mi1$185,000$185,000$185,000
50048Casey, IA 500485.1 mi3$948,999$399,000$316,333
50002Adair, IA 5000211.7 mi8$1,671,880$167,500$208,985
50849Greenfield, IA 5084913.8 mi6$10,176,840$204,700$1,696,140
50115Guthrie Center, IA 5011514.7 mi10$2,375,110$259,900$237,511
50146Linden, IA 5014615.4 mi1$499,000$499,000$499,000
50020Anita, IA 5002017.7 mi6$1,340,040$134,375$223,340
50858Orient, IA 5085820.0 mi1$210,000$210,000$210,000
50003Adel, IA 5000321.0 mi70$31,187,240$379,968$445,532
50155Macksburg, IA 5015523.0 mi2$842,500$421,250$421,250
50076Exira, IA 5007623.5 mi4$730,500$184,000$182,625
50042Brayton, IA 5004224.9 mi1$120,000$120,000$120,000
50167Minburn, IA 5016725.7 mi1$681,500$681,500$681,500

Frequently Asked Questions

How many homes are for sale in MENLO, IA 50164?

As of September 2026, there are 3 active listings in MENLO, IA (zip code 50164), compared to 5 the prior year.

What is the median home price in MENLO, IA 50164?

The median listing price in MENLO, IA 50164 is $179,125 as of September 2026, a 35.7% decrease from $278,625 the prior year.

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

Homes in MENLO, IA 50164 spend an average of 116 days on the market before going under contract, compared to 85 days the prior year.

Is it a seller's or buyer's market in MENLO, IA 50164?

Based on current inventory and days-on-market data as of September 2026, MENLO, IA 50164 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 116 days on market compared to 85 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MENLO, IA 50164 save an estimated $3,583 compared to a typical 5% commission on the median listing price of $179,125. 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.