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INWOOD, IA 51240

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

Market Overview

Active Listings
7
⇧ 133.3% vs 3 last year
Pending
1
14% pending ratio
Median Price
$234,900
⇧ 17.5% vs $199,900 last year
Average Price
$378,757
⇧ 89.5% vs $199,900 last year
Days on Market
75
⇧ 368.8% vs 16 days last year

Market Context

Population: 1,629  ·  Density: 6.3/mi²  ·  Median household income: $86,875

Typical home value: $154,646  ·  Homeownership: 86.2%

Market Analysis

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

The INWOOD, IA real estate market (51240) currently shows 7 active listings, with 1 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 75 days on market compared to 16 days last year.

The median listing price has risen 17.5% year-over-year, from $199,900 to $234,900.

Whether you are buying or selling in INWOOD, 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: 7 this year vs 3 last year
  • Days on market: 75 now vs 16 last year

Median & Average Pricing

Year over Year
  • Median: $234,900 (+17.5% YoY)
  • Average: $378,757 (+89.5% 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 23.4 miles — 407 listings ($210,175,497 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51240Inwood, IA 512400.0 mi7$2,651,299$234,900$378,757
51241Larchwood, IA 512419.7 mi4$1,805,300$467,700$451,325
51242Lester, IA 5124210.4 mi1$785,000$785,000$785,000
57034Hudson, SD 5703413.5 mi2$260,000$130,000$130,000
57077Worthing, SD 5707715.1 mi3$1,359,840$398,750$453,280
51246Rock Rapids, IA 5124616.7 mi28$8,484,336$314,350$303,012
51239Hull, IA 5123917.4 mi6$2,534,400$419,500$422,400
57110Sioux Falls, SD 5711018.6 mi241$136,265,497$492,800$565,417
51250Sioux Center, IA 5125019.9 mi23$10,618,341$439,000$461,667
57005Brandon, SD 5700520.6 mi74$39,889,404$421,950$539,046
51023Hawarden, IA 5102320.8 mi6$2,146,560$234,000$357,760
51237George, IA 5123723.0 mi4$1,079,520$194,750$269,880
51234Boyden, IA 5123423.4 mi8$2,296,000$190,000$287,000

Frequently Asked Questions

How many homes are for sale in INWOOD, IA 51240?

As of January 2026, there are 7 active listings in INWOOD, IA (zip code 51240), compared to 3 the prior year.

What is the median home price in INWOOD, IA 51240?

The median listing price in INWOOD, IA 51240 is $234,900 as of January 2026, a 17.5% increase from $199,900 the prior year.

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

Homes in INWOOD, IA 51240 spend an average of 75 days on the market before going under contract, compared to 16 days the prior year.

Is it a seller's or buyer's market in INWOOD, IA 51240?

Based on current inventory and days-on-market data as of January 2026, INWOOD, IA 51240 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 75 days on market compared to 16 days last year.

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

With SELL123.com's maximum 3% commission, sellers in INWOOD, IA 51240 save an estimated $4,698 compared to a typical 5% commission on the median listing price of $234,900. 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.