Data as of April 2026. Source: Realtor.com.
The INWOOD, IA real estate market (51240) currently shows 11 active listings, with 2 pending sales. Homes are averaging 90 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 90 days on market compared to 56 days last year.
The median listing price has fallen 59% year-over-year, from $594,450 to $243,750.
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.
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 April 2026, there are 11 active listings in INWOOD, IA (zip code 51240), compared to 4 the prior year.
The median listing price in INWOOD, IA 51240 is $243,750 as of April 2026, a 59% decrease from $594,450 the prior year.
Homes in INWOOD, IA 51240 spend an average of 90 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of April 2026, INWOOD, IA 51240 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 90 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in INWOOD, IA 51240 save an estimated $4,875 compared to a typical 5% commission on the median listing price of $243,750. 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.