Population: 690 · Density: 3.5/mi² · Median household income: $85,417
Typical home value: $126,862 · Homeownership: 90.7%
Data as of January 2026. Source: Realtor.com.
The PETERSON, IA real estate market (51047) currently shows 2 active listings. Homes are averaging 67 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 67 days on market compared to 84 days last year.
The median listing price has fallen 33.4% year-over-year, from $99,900 to $66,500.
Whether you are buying or selling in PETERSON, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 51047 | Peterson, IA 51047 | 0.0 mi | 2 | $133,000 | $66,500 | $66,500 |
| 51058 | Sutherland, IA 51058 | 6.5 mi | 5 | $2,605,000 | $342,500 | $521,000 |
| 51009 | Calumet, IA 51009 | 9.8 mi | 1 | $105,000 | $105,000 | $105,000 |
| 51005 | Aurelia, IA 51005 | 15.2 mi | 4 | $646,668 | $175,000 | $161,667 |
| 51037 | Meriden, IA 51037 | 16.3 mi | 1 | $268,500 | $268,500 | $268,500 |
| 51002 | Alta, IA 51002 | 16.5 mi | 2 | $443,000 | $221,500 | $221,500 |
| 51012 | Cherokee, IA 51012 | 16.8 mi | 28 | $4,956,728 | $174,000 | $177,026 |
| 51346 | Hartley, IA 51346 | 18.1 mi | 7 | $1,359,575 | $207,450 | $194,225 |
| 51338 | Everly, IA 51338 | 18.8 mi | 3 | $318,750 | $106,250 | $106,250 |
| 50588 | Storm Lake, IA 50588 | 21.5 mi | 37 | $10,423,418 | $242,000 | $281,714 |
| 51231 | Archer, IA 51231 | 22.7 mi | 1 | $429,000 | $429,000 | $429,000 |
| 51248 | Sanborn, IA 51248 | 24.0 mi | 7 | $2,432,500 | $378,250 | $347,500 |
| 50515 | Ayrshire, IA 50515 | 24.9 mi | 2 | $31,666 | $13,500 | $15,833 |
As of January 2026, there are 2 active listings in PETERSON, IA (zip code 51047), compared to 1 the prior year.
The median listing price in PETERSON, IA 51047 is $66,500 as of January 2026, a 33.4% decrease from $99,900 the prior year.
Homes in PETERSON, IA 51047 spend an average of 67 days on the market before going under contract, compared to 84 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PETERSON, IA 51047 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 67 days on market compared to 84 days last year.
With SELL123.com's maximum 3% commission, sellers in PETERSON, IA 51047 save an estimated $1,330 compared to a typical 5% commission on the median listing price of $66,500. 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.