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GILMORE CITY, IA 50541

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

Market Analysis

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

The GILMORE CITY, IA real estate market (50541) currently shows 2 active listings. Homes are averaging 122 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 122 days on market compared to 81 days last year.

The median listing price has risen 13% year-over-year, from $149,900 to $169,450.

Whether you are buying or selling in GILMORE CITY, 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: 979  ·  Density: 4.1/mi²  ·  Median household income: $52,885

Typical home value: $97,239  ·  Homeownership: 71.5%

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
0
0% pending ratio
Median Price
$169,450
⇧ 13% vs $149,900 last year
Average Price
$169,450
⇩ 4.9% vs $178,267 last year
Days on Market
122
⇧ 50.6% vs 81 days last year

Price Per Square Foot

Median $/sqft
$132
⇩ 14.3% vs $154/sqft last year
Median Home Size
1,281 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 4 last year
  • Days on market: 122 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $169,450 (+13% YoY)
  • Average: $169,450 (-4.9% 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 23.3 miles — 42 listings ($9,742,266 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50541Gilmore City, IA 505410.0 mi2$359,900$179,950$179,950
50571Palmer, IA 505718.8 mi2$164,900$82,450$82,450
50581Rolfe, IA 5058110.4 mi5$607,685$149,900$121,537
50529Dakota City, IA 5052912.5 mi3$393,399$134,500$131,133
50563Manson, IA 5056313.6 mi12$5,147,196$273,650$428,933
50546Havelock, IA 5054615.7 mi1$125,000$125,000$125,000
50575Pomeroy, IA 5057516.9 mi2$180,000$90,000$90,000
50558Livermore, IA 5055817.7 mi1$89,000$89,000$89,000
50562Mallard, IA 5056219.6 mi1$64,900$64,900$64,900
50591Thor, IA 5059120.1 mi3$500,499$188,500$166,833
50586Somers, IA 5058621.5 mi1$649,999$649,999$649,999
50554Laurens, IA 5055421.9 mi8$1,139,888$129,000$142,486
50593Varina, IA 5059323.3 mi1$319,900$319,900$319,900

Frequently Asked Questions

How many homes are for sale in GILMORE CITY, IA 50541?

As of March 2026, there are 2 active listings in GILMORE CITY, IA (zip code 50541), compared to 4 the prior year.

What is the median home price in GILMORE CITY, IA 50541?

The median listing price in GILMORE CITY, IA 50541 is $169,450 as of March 2026, a 13% increase from $149,900 the prior year.

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

Homes in GILMORE CITY, IA 50541 spend an average of 122 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in GILMORE CITY, IA 50541?

Based on current inventory and days-on-market data as of March 2026, GILMORE CITY, IA 50541 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 122 days on market compared to 81 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GILMORE CITY, IA 50541 save an estimated $3,389 compared to a typical 5% commission on the median listing price of $169,450. 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.