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LE MARS, IA 51031

Real Estate Market Report  ·  Plymouth County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LE MARS, IA real estate market (51031) currently shows 18 active listings, with 1 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 38 days on market compared to 89 days last year.

The median listing price has fallen 1.5% year-over-year, from $328,000 to $323,000.

Whether you are buying or selling in LE MARS, 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: 12,595  ·  Density: 20.8/mi²  ·  Median household income: $75,540

Typical home value: $190,942  ·  Homeownership: 69.5%

Market Overview

Active Listings
18
⇩ 35.7% vs 28 last year
Pending
1
6% pending ratio
Median Price
$323,000
⇩ 1.5% vs $328,000 last year
Average Price
$388,892
⇧ 17.7% vs $330,471 last year
Days on Market
38
⇩ 57.3% vs 89 days last year

Price Per Square Foot

Median $/sqft
$152
⇧ 2% vs $149/sqft last year
Median Home Size
2,133 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 28 last year
  • Days on market: 38 now vs 89 last year

Median & Average Pricing

Year over Year
  • Median: $323,000 (-1.5% YoY)
  • Average: $388,892 (+17.7% 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 25.4 miles — 192 listings ($69,875,104 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51031Le Mars, IA 510310.0 mi19$7,906,641$344,450$416,139
51036Maurice, IA 5103611.6 mi2$523,000$261,500$261,500
51024Hinton, IA 5102413.3 mi7$3,183,600$485,000$454,800
51003Alton, IA 5100315.9 mi5$1,453,000$300,000$290,600
51028Kingsley, IA 5102817.0 mi6$2,485,128$339,250$414,188
51001Akron, IA 5100118.6 mi6$1,598,652$266,000$266,442
51035Marcus, IA 5103519.4 mi3$662,376$192,475$220,792
51023Hawarden, IA 5102320.3 mi7$2,272,200$230,725$324,600
51022Granville, IA 5102220.8 mi3$1,076,499$265,000$358,833
51048Pierson, IA 5104822.3 mi1$123,000$123,000$123,000
51103Sioux City, IA 5110323.7 mi38$10,185,710$183,738$268,045
51106Sioux City, IA 5110624.5 mi64$19,289,024$251,250$301,391
57049North Sioux City, SD 5704925.4 mi31$19,116,274$535,000$616,654

Frequently Asked Questions

How many homes are for sale in LE MARS, IA 51031?

As of March 2026, there are 18 active listings in LE MARS, IA (zip code 51031), compared to 28 the prior year.

What is the median home price in LE MARS, IA 51031?

The median listing price in LE MARS, IA 51031 is $323,000 as of March 2026, a 1.5% decrease from $328,000 the prior year.

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

Homes in LE MARS, IA 51031 spend an average of 38 days on the market before going under contract, compared to 89 days the prior year.

Is it a seller's or buyer's market in LE MARS, IA 51031?

Based on current inventory and days-on-market data as of March 2026, LE MARS, IA 51031 is currently a Seller's Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 38 days on market compared to 89 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LE MARS, IA 51031 save an estimated $6,460 compared to a typical 5% commission on the median listing price of $323,000. 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.