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ALTA, IA 51002

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

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
1
50% pending ratio
Median Price
$221,500
⇩ 17.7% vs $269,000 last year
Average Price
$221,500
⇩ 22.7% vs $286,380 last year
Days on Market
87
⇧ 222.2% vs 27 days last year

Market Context

Population: 2,819  ·  Density: 9.9/mi²  ·  Median household income: $71,136

Typical home value: $127,177  ·  Homeownership: 84.4%

Market Analysis

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

The ALTA, IA real estate market (51002) currently shows 2 active listings, with 1 pending sales. Homes are averaging 87 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 87 days on market compared to 27 days last year.

The median listing price has fallen 17.7% year-over-year, from $269,000 to $221,500.

Whether you are buying or selling in ALTA, 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: 2 this year vs 4 last year
  • Days on market: 87 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $221,500 (-17.7% YoY)
  • Average: $221,500 (-22.7% 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 26.0 miles — 65 listings ($14,166,035 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51002Alta, IA 510020.0 mi2$443,000$221,500$221,500
50592Truesdale, IA 505927.2 mi1$715,000$715,000$715,000
51012Cherokee, IA 5101212.7 mi28$4,956,728$174,000$177,026
51033Linn Grove, IA 5103315.4 mi2$83,000$41,500$41,500
51049Quimby, IA 5104917.2 mi2$303,500$151,750$151,750
50568Newell, IA 5056817.3 mi5$625,000$125,000$125,000
51025Holstein, IA 5102518.5 mi9$1,675,557$154,250$186,173
50565Marathon, IA 5056519.8 mi3$1,057,350$352,450$352,450
51058Sutherland, IA 5105821.1 mi5$2,605,000$342,500$521,000
51366Webb, IA 5136623.9 mi1$189,000$189,000$189,000
51035Marcus, IA 5103525.1 mi1$370,000$370,000$370,000
51357Royal, IA 5135725.2 mi1$74,000$74,000$74,000
51046Paullina, IA 5104626.0 mi5$1,068,900$240,000$213,780

Frequently Asked Questions

How many homes are for sale in ALTA, IA 51002?

As of January 2026, there are 2 active listings in ALTA, IA (zip code 51002), compared to 4 the prior year.

What is the median home price in ALTA, IA 51002?

The median listing price in ALTA, IA 51002 is $221,500 as of January 2026, a 17.7% decrease from $269,000 the prior year.

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

Homes in ALTA, IA 51002 spend an average of 87 days on the market before going under contract, compared to 27 days the prior year.

Is it a seller's or buyer's market in ALTA, IA 51002?

Based on current inventory and days-on-market data as of January 2026, ALTA, IA 51002 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 87 days on market compared to 27 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ALTA, IA 51002 save an estimated $4,430 compared to a typical 5% commission on the median listing price of $221,500. 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.