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NEVADA, IA 50201

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

Market Analysis

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

The NEVADA, IA real estate market (50201) currently shows 36 active listings, with 11 pending sales. Homes are averaging 50 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 50 days on market compared to 47 days last year.

The median listing price has risen 6.4% year-over-year, from $265,500 to $282,500.

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Market Context

Market Context

Population: 8,291  ·  Density: 27.3/mi²  ·  Median household income: $76,500

Typical home value: $170,468  ·  Homeownership: 76.7%

Market Overview

Active Listings
36
⇩ 7.7% vs 39 last year
Pending
11
31% pending ratio
Median Price
$282,500
⇧ 6.4% vs $265,500 last year
Average Price
$339,380
⇧ 15% vs $295,019 last year
Days on Market
50
⇧ 6.4% vs 47 days last year

Price Per Square Foot

Median $/sqft
$189
⇧ 5.6% vs $179/sqft last year
Median Home Size
1,634 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 36 this year vs 39 last year
  • Days on market: 50 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $282,500 (+6.4% YoY)
  • Average: $339,380 (+15% 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 19.8 miles — 178 listings ($73,167,699 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50201Nevada, IA 502010.0 mi35$12,465,390$299,999$356,154
50056Colo, IA 500567.6 mi2$379,800$189,900$189,900
50154McCallsburg, IA 5015410.2 mi6$1,306,680$187,500$217,780
50278Zearing, IA 5027811.1 mi3$502,350$167,450$167,450
50014Ames, IA 5001412.8 mi87$44,628,216$429,725$512,968
50161Maxwell, IA 5016113.0 mi9$3,947,265$352,425$438,585
50134Kelley, IA 5013413.5 mi1$499,900$499,900$499,900
50247State Center, IA 5024714.3 mi13$3,734,900$200,000$287,300
50244Slater, IA 5024416.5 mi6$2,148,498$374,974$358,083
50051Clemons, IA 5005117.3 mi2$738,000$369,000$369,000
50007Alleman, IA 5000717.8 mi2$814,000$407,000$407,000
50152Luther, IA 5015219.7 mi4$976,668$230,000$244,167
50122Hubbard, IA 5012219.8 mi8$1,026,032$132,600$128,254

Frequently Asked Questions

How many homes are for sale in NEVADA, IA 50201?

As of September 2026, there are 36 active listings in NEVADA, IA (zip code 50201), compared to 39 the prior year.

What is the median home price in NEVADA, IA 50201?

The median listing price in NEVADA, IA 50201 is $282,500 as of September 2026, a 6.4% increase from $265,500 the prior year.

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

Homes in NEVADA, IA 50201 spend an average of 50 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in NEVADA, IA 50201?

Based on current inventory and days-on-market data as of September 2026, NEVADA, IA 50201 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 50 days on market compared to 47 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEVADA, IA 50201 save an estimated $5,650 compared to a typical 5% commission on the median listing price of $282,500. 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.