Data as of September 2026. Source: Realtor.com.
The INWOOD, IA real estate market (51240) currently shows 12 active listings, with 2 pending sales. Homes are averaging 80 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 80 days on market compared to 49 days last year.
The median listing price has fallen 31.9% year-over-year, from $319,900 to $217,750.
Population: 1,629 · Density: 6.3/mi² · Median household income: $86,875
Typical home value: $154,646 · Homeownership: 86.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 51240 | Inwood, IA 51240 | 0.0 mi | 9 | $3,262,950 | $236,950 | $362,550 |
| 51241 | Larchwood, IA 51241 | 9.7 mi | 6 | $2,609,148 | $483,250 | $434,858 |
| 51242 | Lester, IA 51242 | 10.4 mi | 1 | $785,000 | $785,000 | $785,000 |
| 57034 | Hudson, SD 57034 | 13.5 mi | 2 | $260,000 | $130,000 | $130,000 |
| 57077 | Worthing, SD 57077 | 15.1 mi | 5 | $2,029,165 | $215,000 | $405,833 |
| 51246 | Rock Rapids, IA 51246 | 16.7 mi | 27 | $8,313,840 | $335,375 | $307,920 |
| 51239 | Hull, IA 51239 | 17.4 mi | 7 | $2,745,400 | $399,000 | $392,200 |
| 56173 | Steen, MN 56173 | 18.4 mi | 1 | $439,300 | $439,300 | $439,300 |
| 57103 | Sioux Falls, SD 57103 | 19.7 mi | 120 | $42,274,320 | $288,450 | $352,286 |
| 57105 | Sioux Falls, SD 57105 | 20.2 mi | 82 | $40,710,458 | $324,900 | $496,469 |
| 57039 | Lennox, SD 57039 | 20.7 mi | 42 | $15,703,002 | $327,050 | $373,881 |
| 56116 | Beaver Creek, MN 56116 | 21.6 mi | 4 | $3,599,600 | $899,900 | $899,900 |
| 57064 | Tea, SD 57064 | 23.2 mi | 88 | $37,673,240 | $387,300 | $428,105 |
As of September 2026, there are 12 active listings in INWOOD, IA (zip code 51240), compared to 4 the prior year.
The median listing price in INWOOD, IA 51240 is $217,750 as of September 2026, a 31.9% decrease from $319,900 the prior year.
Homes in INWOOD, IA 51240 spend an average of 80 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of September 2026, INWOOD, IA 51240 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 80 days on market compared to 49 days last year.
With SELL123.com's maximum 3% commission, sellers in INWOOD, IA 51240 save an estimated $4,355 compared to a typical 5% commission on the median listing price of $217,750. 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.