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ROCK RAPIDS, IA 51246

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

Market Analysis

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

The ROCK RAPIDS, IA real estate market (51246) currently shows 25 active listings, with 1 pending sales. Homes are averaging 168 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 168 days on market compared to 76 days last year.

The median listing price has fallen 26.9% year-over-year, from $409,900 to $299,525.

Whether you are buying or selling in ROCK RAPIDS, 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 Context

Market Context

Population: 4,007  ·  Density: 9.6/mi²  ·  Median household income: $70,625

Typical home value: $221,080  ·  Homeownership: 82.4%

Market Overview

Active Listings
25
⇧ 56.3% vs 16 last year
Pending
1
4% pending ratio
Median Price
$299,525
⇩ 26.9% vs $409,900 last year
Average Price
$296,621
⇩ 38.6% vs $482,938 last year
Days on Market
168
⇧ 121.1% vs 76 days last year

Price Per Square Foot

Median $/sqft
$161
⇩ 35.9% vs $251/sqft last year
Median Home Size
1,516 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 25 this year vs 16 last year
  • Days on market: 168 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $299,525 (-26.9% YoY)
  • Average: $296,621 (-38.6% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.0 miles — 417 listings ($213,250,206 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51246Rock Rapids, IA 512460.0 mi27$8,313,840$335,375$307,920
51242Lester, IA 512428.7 mi1$785,000$785,000$785,000
51237George, IA 5123710.3 mi5$1,293,190$168,375$258,638
51241Larchwood, IA 5124114.8 mi6$2,609,148$483,250$434,858
56156Luverne, MN 5615616.5 mi33$9,022,332$239,900$273,404
56116Beaver Creek, MN 5611616.9 mi4$3,599,600$899,900$899,900
51234Boyden, IA 5123417.7 mi7$1,904,000$190,000$272,000
57068Valley Springs, SD 5706819.3 mi4$2,454,400$613,600$613,600
51249Sibley, IA 5124921.8 mi8$1,659,600$177,000$207,450
51201Sheldon, IA 5120122.7 mi23$7,240,584$246,000$314,808
51250Sioux Center, IA 5125023.8 mi22$10,069,136$433,750$457,688
57013Canton, SD 5701324.9 mi15$7,926,510$362,500$528,434
57110Sioux Falls, SD 5711025.0 mi262$156,372,866$495,175$596,843

Frequently Asked Questions

How many homes are for sale in ROCK RAPIDS, IA 51246?

As of March 2026, there are 25 active listings in ROCK RAPIDS, IA (zip code 51246), compared to 16 the prior year.

What is the median home price in ROCK RAPIDS, IA 51246?

The median listing price in ROCK RAPIDS, IA 51246 is $299,525 as of March 2026, a 26.9% decrease from $409,900 the prior year.

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

Homes in ROCK RAPIDS, IA 51246 spend an average of 168 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in ROCK RAPIDS, IA 51246?

Based on current inventory and days-on-market data as of March 2026, ROCK RAPIDS, IA 51246 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 168 days on market compared to 76 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ROCK RAPIDS, IA 51246 save an estimated $5,991 compared to a typical 5% commission on the median listing price of $299,525. 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.