Data as of September 2026. Source: Realtor.com.
The PETERSON, IA real estate market (51047) currently shows 1 active listings. Homes are averaging 331 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 331 days on market compared to 119 days last year.
The median listing price has fallen 29.1% year-over-year, from $86,000 to $60,948.
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 September 2026, there are 1 active listings in PETERSON, IA (zip code 51047), compared to 1 the prior year.
The median listing price in PETERSON, IA 51047 is $60,948 as of September 2026, a 29.1% decrease from $86,000 the prior year.
Homes in PETERSON, IA 51047 spend an average of 331 days on the market before going under contract, compared to 119 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PETERSON, IA 51047 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 331 days on market compared to 119 days last year.
With SELL123.com's maximum 3% commission, sellers in PETERSON, IA 51047 save an estimated $1,219 compared to a typical 5% commission on the median listing price of $60,948. 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.