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OKOBOJI, IA 51355

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

Market Overview

Active Listings
73
⇧ 69.8% vs 43 last year
Pending
4
5% pending ratio
Median Price
$269,000
⇩ 12.9% vs $309,000 last year
Average Price
$655,319
⇧ 14.1% vs $574,144 last year
Days on Market
161
⇩ 22.6% vs 208 days last year

Market Context

Population: 877  ·  Density: 133.3/mi²  ·  Median household income: $55,238

Typical home value: $419,493  ·  Homeownership: 74.6%

Market Analysis

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

The OKOBOJI, IA real estate market (51355) currently shows 73 active listings, with 4 pending sales. Homes are averaging 161 days on the market before going under contract.

Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice.

Homes are selling faster, averaging 161 days on market compared to 208 days last year.

The median listing price has fallen 12.9% year-over-year, from $309,000 to $269,000.

Whether you are buying or selling in OKOBOJI, 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
  • Listings: 73 this year vs 43 last year
  • Days on market: 161 now vs 208 last year

Median & Average Pricing

Year over Year
  • Median: $269,000 (-12.9% YoY)
  • Average: $655,319 (+14.1% 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 27.5 miles — 212 listings ($120,684,559 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51355Okoboji, IA 513550.0 mi73$47,838,287$269,000$655,319
51360Spirit Lake, IA 513604.2 mi51$49,153,953$470,000$963,803
51347Lake Park, IA 513479.0 mi8$2,783,200$278,850$347,900
51338Everly, IA 5133815.7 mi3$318,750$106,250$106,250
51334Estherville, IA 5133416.8 mi23$5,893,681$200,000$256,247
56167Round Lake, MN 5616717.3 mi1$115,000$115,000$115,000
51354Ocheyedan, IA 5135420.3 mi2$260,000$130,000$130,000
51346Hartley, IA 5134621.3 mi7$1,359,575$207,450$194,225
56111Alpha, MN 5611121.7 mi2$494,000$247,000$247,000
51342Graettinger, IA 5134222.6 mi6$906,750$119,000$151,125
56161Okabena, MN 5616123.7 mi2$382,000$191,000$191,000
50531Dolliver, IA 5053126.8 mi1$199,900$199,900$199,900
56187Worthington, MN 5618727.5 mi33$10,979,463$314,950$332,711

Frequently Asked Questions

How many homes are for sale in OKOBOJI, IA 51355?

As of January 2026, there are 73 active listings in OKOBOJI, IA (zip code 51355), compared to 43 the prior year.

What is the median home price in OKOBOJI, IA 51355?

The median listing price in OKOBOJI, IA 51355 is $269,000 as of January 2026, a 12.9% decrease from $309,000 the prior year.

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

Homes in OKOBOJI, IA 51355 spend an average of 161 days on the market before going under contract, compared to 208 days the prior year.

Is it a seller's or buyer's market in OKOBOJI, IA 51355?

Based on current inventory and days-on-market data as of January 2026, OKOBOJI, IA 51355 is currently a Balanced Market. Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice. Homes are selling faster, averaging 161 days on market compared to 208 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OKOBOJI, IA 51355 save an estimated $5,380 compared to a typical 5% commission on the median listing price of $269,000. 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.