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SANBORN, IA 51248

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SANBORN, IA real estate market (51248) currently shows 5 active listings, with 1 pending sales. Homes are averaging 310 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 310 days on market compared to 152 days last year.

The median listing price has fallen 12.2% year-over-year, from $423,750 to $371,875.

Whether you are buying or selling in SANBORN, 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: 1,712  ·  Density: 8.4/mi²  ·  Median household income: $56,691

Typical home value: $133,705  ·  Homeownership: 78.0%

Market Overview

Active Listings
5
⇩ 16.7% vs 6 last year
Pending
1
20% pending ratio
Median Price
$371,875
⇩ 12.2% vs $423,750 last year
Average Price
$372,975
⇩ 5.7% vs $395,500 last year
Days on Market
310
⇧ 103.9% vs 152 days last year

Price Per Square Foot

Median $/sqft
$123
⇩ 16.9% vs $148/sqft last year
Median Home Size
3,049 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 6 last year
  • Days on market: 310 now vs 152 last year

Median & Average Pricing

Year over Year
  • Median: $371,875 (-12.2% YoY)
  • Average: $372,975 (-5.7% 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 25.9 miles — 113 listings ($51,433,334 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51248Sanborn, IA 512480.0 mi7$2,294,033$371,250$327,719
51245Primghar, IA 512459.2 mi4$564,000$134,500$141,000
51232Ashton, IA 5123210.3 mi1$159,000$159,000$159,000
51238Hospers, IA 5123814.7 mi1$269,000$269,000$269,000
51046Paullina, IA 5104616.5 mi3$582,120$156,975$194,040
51058Sutherland, IA 5105818.0 mi4$2,331,332$346,250$582,833
51022Granville, IA 5102218.3 mi3$1,076,499$265,000$358,833
51009Calumet, IA 5100918.7 mi1$82,250$82,250$82,250
56117Bigelow, MN 5611722.3 mi2$514,000$257,000$257,000
51347Lake Park, IA 5134723.1 mi8$3,020,000$347,700$377,500
51239Hull, IA 5123924.5 mi7$2,745,400$399,000$392,200
51351Milford, IA 5135125.0 mi20$26,812,520$732,250$1,340,626
51301Spencer, IA 5130125.9 mi52$10,983,180$167,875$211,215

Frequently Asked Questions

How many homes are for sale in SANBORN, IA 51248?

As of March 2026, there are 5 active listings in SANBORN, IA (zip code 51248), compared to 6 the prior year.

What is the median home price in SANBORN, IA 51248?

The median listing price in SANBORN, IA 51248 is $371,875 as of March 2026, a 12.2% decrease from $423,750 the prior year.

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

Homes in SANBORN, IA 51248 spend an average of 310 days on the market before going under contract, compared to 152 days the prior year.

Is it a seller's or buyer's market in SANBORN, IA 51248?

Based on current inventory and days-on-market data as of March 2026, SANBORN, IA 51248 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 310 days on market compared to 152 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SANBORN, IA 51248 save an estimated $7,438 compared to a typical 5% commission on the median listing price of $371,875. 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.