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THAYER, IA 50254

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

Market Overview

Active Listings
1
vs 1 last year
Pending
1
100% pending ratio
Median Price
$115,000
⇩ 79.8% vs $569,600 last year
Average Price
$115,000
⇩ 79.8% vs $569,600 last year
Days on Market
24
⇩ 77.4% vs 106 days last year

Market Context

Population: 288  ·  Density: 2.6/mi²  ·  Median household income: $89,792

Typical home value: $199,555  ·  Homeownership: 100.0%

Market Analysis

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

The THAYER, IA real estate market (50254) currently shows 1 active listings, with 1 pending sales. Homes are averaging 24 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 24 days on market compared to 106 days last year.

The median listing price has fallen 79.8% year-over-year, from $569,600 to $115,000.

Whether you are buying or selling in THAYER, 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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 24 now vs 106 last year

Median & Average Pricing

Year over Year
  • Median: $115,000 (-79.8% YoY)
  • Average: $115,000 (-79.8% 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 26.7 miles — 89 listings ($26,491,798 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50254Thayer, IA 502540.0 mi1$115,000$115,000$115,000
50830Afton, IA 508306.7 mi5$970,000$93,000$194,000
50149Lorimor, IA 5014911.1 mi8$2,664,000$339,000$333,000
50108Grand River, IA 5010812.8 mi3$858,000$286,000$286,000
50213Osceola, IA 5021316.1 mi34$8,602,510$218,000$253,015
50222Peru, IA 5022216.8 mi2$600,000$300,000$300,000
50257Truro, IA 5025717.9 mi6$1,588,560$234,900$264,760
50264Weldon, IA 5026420.3 mi3$764,499$197,500$254,833
50858Orient, IA 5085823.3 mi2$420,000$210,000$210,000
50210New Virginia, IA 5021023.7 mi9$4,422,726$437,450$491,414
50144Leon, IA 5014424.9 mi8$1,117,488$125,000$139,686
50240Saint Charles, IA 5024025.3 mi5$3,656,665$787,500$731,333
50218Patterson, IA 5021826.7 mi3$712,350$237,450$237,450

Frequently Asked Questions

How many homes are for sale in THAYER, IA 50254?

As of January 2026, there are 1 active listings in THAYER, IA (zip code 50254), compared to 1 the prior year.

What is the median home price in THAYER, IA 50254?

The median listing price in THAYER, IA 50254 is $115,000 as of January 2026, a 79.8% decrease from $569,600 the prior year.

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

Homes in THAYER, IA 50254 spend an average of 24 days on the market before going under contract, compared to 106 days the prior year.

Is it a seller's or buyer's market in THAYER, IA 50254?

Based on current inventory and days-on-market data as of January 2026, THAYER, IA 50254 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 24 days on market compared to 106 days last year.

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

With SELL123.com's maximum 3% commission, sellers in THAYER, IA 50254 save an estimated $2,300 compared to a typical 5% commission on the median listing price of $115,000. 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.