Active Listings
3
⇩ 25% vs 4 last year
Data as of June 2026. Source: Realtor.com.
The PETERSON, IA real estate market (51047) currently shows 3 active listings, with 1 pending sales. Homes are averaging 211 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 211 days on market compared to 28 days last year.
The median listing price has fallen 28.1% year-over-year, from $89,000 to $64,000.
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%
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.
| 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 June 2026, there are 3 active listings in PETERSON, IA (zip code 51047), compared to 4 the prior year.
The median listing price in PETERSON, IA 51047 is $64,000 as of June 2026, a 28.1% decrease from $89,000 the prior year.
Homes in PETERSON, IA 51047 spend an average of 211 days on the market before going under contract, compared to 28 days the prior year.
Based on current inventory and days-on-market data as of June 2026, PETERSON, IA 51047 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 211 days on market compared to 28 days last year.
With SELL123.com's maximum 3% commission, sellers in PETERSON, IA 51047 save an estimated $1,280 compared to a typical 5% commission on the median listing price of $64,000. 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.