Data as of April 2026. Source: Realtor.com.
The PETERSON, IA real estate market (51047) currently shows 3 active listings, with 1 pending sales. Homes are averaging 133 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 133 days on market compared to 46 days last year.
The median listing price has fallen 60.1% year-over-year, from $175,000 to $69,900.
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.
Population: 690 · Density: 3.5/mi² · Median household income: $85,417
Typical home value: $126,862 · Homeownership: 90.7%
| 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 | 4 | $2,331,332 | $346,250 | $582,833 |
| 50585 | Sioux Rapids, IA 50585 | 11.1 mi | 6 | $1,105,200 | $202,500 | $184,200 |
| 51245 | Primghar, IA 51245 | 15.8 mi | 4 | $564,000 | $134,500 | $141,000 |
| 51046 | Paullina, IA 51046 | 16.4 mi | 3 | $582,120 | $156,975 | $194,040 |
| 50592 | Truesdale, IA 50592 | 16.8 mi | 1 | $710,000 | $710,000 | $710,000 |
| 51366 | Webb, IA 51366 | 17.7 mi | 1 | $189,000 | $189,000 | $189,000 |
| 51301 | Spencer, IA 51301 | 18.3 mi | 52 | $10,983,180 | $167,875 | $211,215 |
| 50565 | Marathon, IA 50565 | 19.0 mi | 2 | $167,900 | $83,950 | $83,950 |
| 50510 | Albert City, IA 50510 | 22.5 mi | 2 | $134,890 | $67,445 | $67,445 |
| 51340 | Fostoria, IA 51340 | 23.4 mi | 2 | $318,000 | $159,000 | $159,000 |
| 51035 | Marcus, IA 51035 | 24.9 mi | 3 | $662,376 | $192,475 | $220,792 |
| 51022 | Granville, IA 51022 | 24.9 mi | 3 | $1,076,499 | $265,000 | $358,833 |
As of April 2026, there are 3 active listings in PETERSON, IA (zip code 51047), compared to 1 the prior year.
The median listing price in PETERSON, IA 51047 is $69,900 as of April 2026, a 60.1% decrease from $175,000 the prior year.
Homes in PETERSON, IA 51047 spend an average of 133 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of April 2026, PETERSON, IA 51047 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 133 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in PETERSON, IA 51047 save an estimated $1,398 compared to a typical 5% commission on the median listing price of $69,900. 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.