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ALLISON, IA 50602

Real Estate Market Report  ·  Butler County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
8
⇧ 100% vs 4 last year
Pending
1
13% pending ratio
Median Price
$324,900
⇧ 116.6% vs $150,000 last year
Average Price
$268,786
⇧ 87.7% vs $143,167 last year
Days on Market
142
⇧ 118.5% vs 65 days last year

Market Context

Population: 1,382  ·  Density: 6.8/mi²  ·  Median household income: $63,421

Typical home value: $106,055  ·  Homeownership: 76.1%

Market Analysis

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

The ALLISON, IA real estate market (50602) currently shows 8 active listings, with 1 pending sales. Homes are averaging 142 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 142 days on market compared to 65 days last year.

The median listing price has risen 116.6% year-over-year, from $150,000 to $324,900.

Whether you are buying or selling in ALLISON, 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
  • Listings: 8 this year vs 4 last year
  • Days on market: 142 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $324,900 (+116.6% YoY)
  • Average: $268,786 (+87.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.0 miles — 232 listings ($81,499,189 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50602Allison, IA 506020.0 mi8$2,150,288$324,900$268,786
50619Clarksville, IA 506198.3 mi5$886,335$172,400$177,267
50670Shell Rock, IA 5067010.4 mi6$2,276,760$375,000$379,460
50636Greene, IA 5063610.6 mi7$1,044,491$139,990$149,213
50605Aredale, IA 5060513.3 mi1$148,569$148,569$148,569
50673Stout, IA 5067315.6 mi1$61,900$61,900$61,900
50666Plainfield, IA 5066617.1 mi1$199,900$199,900$199,900
50647Janesville, IA 5064717.7 mi10$3,622,130$354,950$362,213
50677Waverly, IA 5067718.7 mi52$17,908,592$339,500$344,396
50624Dike, IA 5062420.2 mi2$799,800$399,900$399,900
50680Wellsburg, IA 5068021.0 mi9$1,349,460$149,900$149,940
50613Cedar Falls, IA 5061321.5 mi121$47,798,751$397,247$395,031
50475Sheffield, IA 5047523.0 mi9$3,252,213$172,400$361,357

Frequently Asked Questions

How many homes are for sale in ALLISON, IA 50602?

As of January 2026, there are 8 active listings in ALLISON, IA (zip code 50602), compared to 4 the prior year.

What is the median home price in ALLISON, IA 50602?

The median listing price in ALLISON, IA 50602 is $324,900 as of January 2026, a 116.6% increase from $150,000 the prior year.

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

Homes in ALLISON, IA 50602 spend an average of 142 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in ALLISON, IA 50602?

Based on current inventory and days-on-market data as of January 2026, ALLISON, IA 50602 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 142 days on market compared to 65 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ALLISON, IA 50602 save an estimated $6,498 compared to a typical 5% commission on the median listing price of $324,900. 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.