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NEOLA, IA 51559

Real Estate Market Report
Seller's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The NEOLA, IA real estate market (51559) currently shows 6 active listings, with 2 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 51 days on market compared to 52 days last year.

The median listing price has risen 15.5% year-over-year, from $386,500 to $446,250.

Whether you are buying or selling in NEOLA, 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: 2,000  ·  Density: 9.0/mi²  ·  Median household income: $77,095

Typical home value: $189,916  ·  Homeownership: 73.6%

Market Overview

Active Listings
6
⇩ 33.3% vs 9 last year
Pending
2
33% pending ratio
Median Price
$446,250
⇧ 15.5% vs $386,500 last year
Average Price
$400,714
vs $400,750 last year
Days on Market
51
⇩ 1.9% vs 52 days last year

Price Per Square Foot

Median $/sqft
$234
⇧ 42.7% vs $164/sqft last year
Median Home Size
1,895 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 9 last year
  • Days on market: 51 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $446,250 (+15.5% YoY)
  • Average: $400,714 (+-0% 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 20.8 miles — 293 listings ($99,747,701 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51559Neola, IA 515590.0 mi6$2,035,998$268,500$339,333
51553Minden, IA 515536.7 mi4$1,332,932$339,900$333,233
51542Honey Creek, IA 515429.5 mi3$2,925,000$975,000$975,000
51526Crescent, IA 5152612.8 mi6$2,899,002$483,167$483,167
51565Portsmouth, IA 5156514.6 mi1$475,000$475,000$475,000
51575Treynor, IA 5157515.4 mi3$1,566,750$522,250$522,250
51521Avoca, IA 5152116.4 mi14$3,526,292$242,250$251,878
51503Council Bluffs, IA 5150317.0 mi94$33,438,244$289,975$355,726
51510Carter Lake, IA 5151017.9 mi17$3,957,379$226,475$232,787
68152Omaha, NE 6815218.9 mi22$17,633,088$617,500$801,504
51501Council Bluffs, IA 5150119.6 mi79$16,889,726$198,750$213,794
51525Carson, IA 5152520.0 mi3$637,500$212,500$212,500
68131Omaha, NE 6813120.8 mi41$12,430,790$233,350$303,190

Frequently Asked Questions

How many homes are for sale in NEOLA, IA 51559?

As of June 2026, there are 6 active listings in NEOLA, IA (zip code 51559), compared to 9 the prior year.

What is the median home price in NEOLA, IA 51559?

The median listing price in NEOLA, IA 51559 is $446,250 as of June 2026, a 15.5% increase from $386,500 the prior year.

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

Homes in NEOLA, IA 51559 spend an average of 51 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in NEOLA, IA 51559?

Based on current inventory and days-on-market data as of June 2026, NEOLA, IA 51559 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 51 days on market compared to 52 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEOLA, IA 51559 save an estimated $8,925 compared to a typical 5% commission on the median listing price of $446,250. 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.