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SHEFFIELD, IA 50475

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

Market Analysis

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

The SHEFFIELD, IA real estate market (50475) currently shows 7 active listings, with 2 pending sales. Homes are averaging 165 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 165 days on market compared to 13 days last year.

The median listing price has fallen 83.8% year-over-year, from $862,362 to $139,900.

Whether you are buying or selling in SHEFFIELD, 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: 1,563  ·  Density: 6.3/mi²  ·  Median household income: $71,458

Typical home value: $137,745  ·  Homeownership: 87.2%

Market Overview

Active Listings
7
⇧ 250% vs 2 last year
Pending
2
29% pending ratio
Median Price
$139,900
⇩ 83.8% vs $862,362 last year
Average Price
$463,731
⇩ 46.2% vs $862,362 last year
Days on Market
165
⇧ 1169.2% vs 13 days last year

Price Per Square Foot

Median $/sqft
$95
⇩ 63.2% vs $258/sqft last year
Median Home Size
2,092 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 2 last year
  • Days on market: 165 now vs 13 last year

Median & Average Pricing

Year over Year
  • Median: $139,900 (-83.8% YoY)
  • Average: $463,731 (-46.2% 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 23.1 miles — 197 listings ($50,696,903 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50475Sheffield, IA 504750.0 mi9$3,558,060$157,300$395,340
50433Dougherty, IA 504339.3 mi1$42,400$42,400$42,400
50605Aredale, IA 506059.9 mi1$148,569$148,569$148,569
50479Thornton, IA 5047910.5 mi2$528,000$264,000$264,000
50420Alexander, IA 5042013.1 mi1$121,900$121,900$121,900
50625Dumont, IA 5062514.7 mi7$1,406,825$202,500$200,975
50468Rockford, IA 5046817.6 mi2$284,000$142,000$142,000
50401Mason City, IA 5040119.0 mi121$32,063,427$183,325$264,987
50470Rowan, IA 5047019.3 mi2$435,500$217,750$217,750
50421Belmond, IA 5042120.6 mi22$4,585,174$199,900$208,417
50482Ventura, IA 5048221.5 mi5$2,384,800$385,000$476,960
50458Nora Springs, IA 5045822.2 mi8$2,926,712$148,425$365,839
50601Ackley, IA 5060123.1 mi16$2,211,536$111,650$138,221

Frequently Asked Questions

How many homes are for sale in SHEFFIELD, IA 50475?

As of March 2026, there are 7 active listings in SHEFFIELD, IA (zip code 50475), compared to 2 the prior year.

What is the median home price in SHEFFIELD, IA 50475?

The median listing price in SHEFFIELD, IA 50475 is $139,900 as of March 2026, a 83.8% decrease from $862,362 the prior year.

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

Homes in SHEFFIELD, IA 50475 spend an average of 165 days on the market before going under contract, compared to 13 days the prior year.

Is it a seller's or buyer's market in SHEFFIELD, IA 50475?

Based on current inventory and days-on-market data as of March 2026, SHEFFIELD, IA 50475 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 165 days on market compared to 13 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SHEFFIELD, IA 50475 save an estimated $2,798 compared to a typical 5% commission on the median listing price of $139,900. 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.