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LARCHWOOD, IA 51241

Real Estate Market Report  ·  Lyon County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
vs 4 last year
Pending
2
50% pending ratio
Median Price
$467,700
⇧ 25.8% vs $371,675 last year
Average Price
$451,325
⇧ 19.2% vs $378,667 last year
Days on Market
39
⇩ 41.8% vs 67 days last year

Market Context

Population: 2,237  ·  Density: 9.6/mi²  ·  Median household income: $97,788

Typical home value: $300,852  ·  Homeownership: 83.1%

Market Analysis

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

The LARCHWOOD, IA real estate market (51241) currently shows 4 active listings, with 2 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 39 days on market compared to 67 days last year.

The median listing price has risen 25.8% year-over-year, from $371,675 to $467,700.

Whether you are buying or selling in LARCHWOOD, 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
  • Days on market: 39 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $467,700 (+25.8% YoY)
  • Average: $451,325 (+19.2% 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 21.9 miles — 513 listings ($209,140,186 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51241Larchwood, IA 512410.0 mi4$1,805,300$467,700$451,325
56138Hills, MN 561386.9 mi3$973,350$324,450$324,450
51240Inwood, IA 512409.7 mi7$2,651,299$234,900$378,757
57032Harrisburg, SD 5703211.5 mi61$30,856,057$419,900$505,837
56116Beaver Creek, MN 5611612.3 mi5$3,719,600$525,000$743,920
57103Sioux Falls, SD 5710313.1 mi98$35,953,260$284,000$366,870
57105Sioux Falls, SD 5710514.7 mi79$34,870,600$315,000$441,400
57104Sioux Falls, SD 5710416.2 mi88$32,642,368$249,900$370,936
57077Worthing, SD 5707717.6 mi3$1,359,840$398,750$453,280
51247Rock Valley, IA 5124718.8 mi9$2,867,103$279,450$318,567
57030Garretson, SD 5703020.0 mi8$4,448,104$366,400$556,013
57107Sioux Falls, SD 5710720.6 mi109$42,161,527$349,999$386,803
57039Lennox, SD 5703921.9 mi39$14,831,778$336,800$380,302

Frequently Asked Questions

How many homes are for sale in LARCHWOOD, IA 51241?

As of January 2026, there are 4 active listings in LARCHWOOD, IA (zip code 51241), compared to 4 the prior year.

What is the median home price in LARCHWOOD, IA 51241?

The median listing price in LARCHWOOD, IA 51241 is $467,700 as of January 2026, a 25.8% increase from $371,675 the prior year.

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

Homes in LARCHWOOD, IA 51241 spend an average of 39 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in LARCHWOOD, IA 51241?

Based on current inventory and days-on-market data as of January 2026, LARCHWOOD, IA 51241 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 39 days on market compared to 67 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LARCHWOOD, IA 51241 save an estimated $9,354 compared to a typical 5% commission on the median listing price of $467,700. 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.