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PATTERSON, IA 50218

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The PATTERSON, IA real estate market (50218) currently shows 4 active listings, with 2 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 51 days on market compared to 38 days last year.

The median listing price has fallen 8.7% year-over-year, from $299,900 to $273,675.

Whether you are buying or selling in PATTERSON, 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: 305  ·  Density: 263.1/mi²  ·  Median household income: $70,000

Typical home value: $0  ·  Homeownership: 93.0%

Market Overview

Active Listings
4
⇧ 300% vs 1 last year
Pending
2
50% pending ratio
Median Price
$273,675
⇩ 8.7% vs $299,900 last year
Average Price
$236,192
⇩ 21.2% vs $299,900 last year
Days on Market
51
⇧ 34.2% vs 38 days last year

Price Per Square Foot

Median $/sqft
$173
⇩ 30.8% vs $250/sqft last year
Median Home Size
1,829 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: 4 this year vs 1 last year
  • Days on market: 51 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $273,675 (-8.7% YoY)
  • Average: $236,192 (-21.2% 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 20.0 miles — 802 listings ($348,742,223 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50218Patterson, IA 502180.0 mi5$1,124,750$224,950$224,950
50240Saint Charles, IA 502405.7 mi5$2,683,335$545,000$536,667
50261Van Meter, IA 502618.7 mi10$7,779,460$793,900$777,946
50222Peru, IA 502229.9 mi1$300,000$300,000$300,000
50257Truro, IA 5025711.0 mi6$1,472,880$229,925$245,480
50069De Soto, IA 5006914.3 mi14$5,672,254$317,400$405,161
50072Earlham, IA 5007215.1 mi9$7,527,708$749,500$836,412
50125Indianola, IA 5012515.5 mi98$44,375,772$358,740$452,814
50321Des Moines, IA 5032117.0 mi32$15,598,976$444,925$487,468
50263Waukee, IA 5026317.7 mi395$187,252,515$429,450$474,057
50315Des Moines, IA 5031519.0 mi136$33,756,152$219,500$248,207
50312Des Moines, IA 5031219.1 mi80$35,657,600$275,000$445,720
50070Dexter, IA 5007020.0 mi11$5,540,821$574,950$503,711

Frequently Asked Questions

How many homes are for sale in PATTERSON, IA 50218?

As of March 2026, there are 4 active listings in PATTERSON, IA (zip code 50218), compared to 1 the prior year.

What is the median home price in PATTERSON, IA 50218?

The median listing price in PATTERSON, IA 50218 is $273,675 as of March 2026, a 8.7% decrease from $299,900 the prior year.

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

Homes in PATTERSON, IA 50218 spend an average of 51 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in PATTERSON, IA 50218?

Based on current inventory and days-on-market data as of March 2026, PATTERSON, IA 50218 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 51 days on market compared to 38 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PATTERSON, IA 50218 save an estimated $5,474 compared to a typical 5% commission on the median listing price of $273,675. 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.