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ONAWA, IA 51040

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

Market Overview

Active Listings
12
⇧ 20% vs 10 last year
Pending
3
25% pending ratio
Median Price
$240,000
⇧ 45.5% vs $164,950 last year
Average Price
$246,460
⇧ 48.3% vs $166,155 last year
Days on Market
139
⇧ 49.5% vs 93 days last year

Market Context

Population: 3,422  ·  Density: 10.2/mi²  ·  Median household income: $55,559

Typical home value: $111,936  ·  Homeownership: 78.2%

Market Analysis

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

The ONAWA, IA real estate market (51040) currently shows 12 active listings, with 3 pending sales. Homes are averaging 139 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 139 days on market compared to 93 days last year.

The median listing price has risen 45.5% year-over-year, from $164,950 to $240,000.

Whether you are buying or selling in ONAWA, 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: 12 this year vs 10 last year
  • Days on market: 139 now vs 93 last year

Median & Average Pricing

Year over Year
  • Median: $240,000 (+45.5% YoY)
  • Average: $246,460 (+48.3% 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 27.4 miles — 62 listings ($15,415,250 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51040Onawa, IA 510400.0 mi12$2,957,520$240,000$246,460
51063Whiting, IA 510639.1 mi3$576,900$225,000$192,300
51558Moorhead, IA 5155813.0 mi4$1,800,000$450,000$450,000
51572Soldier, IA 5157214.7 mi1$218,000$218,000$218,000
51034Mapleton, IA 5103417.0 mi12$3,234,372$106,200$269,531
68061Tekamah, NE 6806117.5 mi11$2,768,909$235,000$251,719
68038Lyons, NE 6803819.9 mi4$473,900$112,500$118,475
51557Mondamin, IA 5155721.1 mi5$1,734,750$346,950$346,950
68067Walthill, NE 6806722.9 mi1$50,000$50,000$50,000
51004Anthon, IA 5100425.1 mi4$542,000$119,500$135,500
51529Dunlap, IA 5152925.7 mi3$735,399$262,400$245,133
51007Bronson, IA 5100726.4 mi1$124,500$124,500$124,500
51556Modale, IA 5155627.4 mi1$199,000$199,000$199,000

Frequently Asked Questions

How many homes are for sale in ONAWA, IA 51040?

As of January 2026, there are 12 active listings in ONAWA, IA (zip code 51040), compared to 10 the prior year.

What is the median home price in ONAWA, IA 51040?

The median listing price in ONAWA, IA 51040 is $240,000 as of January 2026, a 45.5% increase from $164,950 the prior year.

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

Homes in ONAWA, IA 51040 spend an average of 139 days on the market before going under contract, compared to 93 days the prior year.

Is it a seller's or buyer's market in ONAWA, IA 51040?

Based on current inventory and days-on-market data as of January 2026, ONAWA, IA 51040 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 139 days on market compared to 93 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ONAWA, IA 51040 save an estimated $4,800 compared to a typical 5% commission on the median listing price of $240,000. 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.