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RAKE, IA 50465

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

Market Analysis

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

The RAKE, IA real estate market (50465) currently shows 2 active listings, with 1 pending sales. Homes are averaging 351 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 351 days on market compared to 49 days last year.

The median listing price has risen 186.7% year-over-year, from $61,000 to $174,900.

Whether you are buying or selling in RAKE, 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: 187  ·  Density: 21.8/mi²  ·  Median household income: $54,000

Typical home value: $44,553  ·  Homeownership: 83.3%

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
1
50% pending ratio
Median Price
$174,900
⇧ 186.7% vs $61,000 last year
Average Price
$174,900
⇧ 186.7% vs $61,000 last year
Days on Market
351
⇧ 616.3% vs 49 days last year

Price Per Square Foot

Median $/sqft
$174
⇧ 205.3% vs $57/sqft last year
Median Home Size
1,008 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 351 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $174,900 (+186.7% YoY)
  • Average: $174,900 (+186.7% 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 25.0 miles — 71 listings ($11,780,257 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50465Rake, IA 504650.0 mi2$349,800$174,900$174,900
50424Buffalo Center, IA 504246.1 mi10$1,541,500$142,500$154,150
50478Thompson, IA 504788.6 mi3$247,350$82,450$82,450
56027Elmore, MN 5602710.9 mi4$520,000$130,000$130,000
50556Ledyard, IA 5055614.8 mi1$159,779$159,779$159,779
50480Titonka, IA 5048017.8 mi7$565,250$91,750$80,750
56097Wells, MN 5609719.0 mi12$1,978,236$169,150$164,853
56029Emmons, MN 5602919.2 mi3$697,500$220,500$232,500
50450Lake Mills, IA 5045020.1 mi8$1,242,824$128,675$155,353
50590Swea City, IA 5059020.5 mi3$282,750$94,250$94,250
56009Alden, MN 5600921.3 mi11$3,066,668$289,900$278,788
56039Granada, MN 5603923.9 mi3$408,600$139,900$136,200
50522Burt, IA 5052225.0 mi4$720,000$180,000$180,000

Frequently Asked Questions

How many homes are for sale in RAKE, IA 50465?

As of March 2026, there are 2 active listings in RAKE, IA (zip code 50465), compared to 3 the prior year.

What is the median home price in RAKE, IA 50465?

The median listing price in RAKE, IA 50465 is $174,900 as of March 2026, a 186.7% increase from $61,000 the prior year.

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

Homes in RAKE, IA 50465 spend an average of 351 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in RAKE, IA 50465?

Based on current inventory and days-on-market data as of March 2026, RAKE, IA 50465 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 351 days on market compared to 49 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RAKE, IA 50465 save an estimated $3,498 compared to a typical 5% commission on the median listing price of $174,900. 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.