Call or Text (240) SELL-123

PORTSMOUTH, IA 51565

Real Estate Market Report  ·  Shelby County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
1
50% pending ratio
Median Price
$430,000
⇧ 140.2% vs $179,000 last year
Average Price
$430,000
⇧ 140.2% vs $179,000 last year
Days on Market
72
⇧ 1340% vs 5 days last year

Market Context

Population: 530  ·  Density: 4.5/mi²  ·  Median household income: $95,308

Typical home value: $128,800  ·  Homeownership: 62.0%

Market Analysis

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

The PORTSMOUTH, IA real estate market (51565) currently shows 2 active listings, with 1 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 72 days on market compared to 5 days last year.

The median listing price has risen 140.2% year-over-year, from $179,000 to $430,000.

Whether you are buying or selling in PORTSMOUTH, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PORTSMOUTH, IA 51565 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 72 now vs 5 last year

Median & Average Pricing

Year over Year
  • Median: $430,000 (+140.2% YoY)
  • Average: $430,000 (+140.2% 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 23.9 miles — 93 listings ($27,888,048 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51565Portsmouth, IA 515650.0 mi2$860,000$430,000$430,000
51578Westphalia, IA 515788.4 mi1$140,000$140,000$140,000
51537Harlan, IA 5153711.8 mi26$6,679,530$225,000$256,905
51546Logan, IA 5154612.8 mi5$1,554,375$334,750$310,875
51521Avoca, IA 5152114.7 mi15$4,243,005$292,000$282,867
51529Dunlap, IA 5152915.8 mi3$735,399$262,400$245,133
51446Irwin, IA 5144619.3 mi1$35,000$35,000$35,000
51577Walnut, IA 5157720.8 mi2$329,934$175,000$164,967
51555Missouri Valley, IA 5155521.0 mi29$9,208,312$232,400$317,528
51520Arion, IA 5152022.6 mi1$2,375,000$2,375,000$2,375,000
51564Pisgah, IA 5156422.9 mi3$464,625$154,875$154,875
51543Kimballton, IA 5154323.3 mi1$399,000$399,000$399,000
51552Marne, IA 5155223.9 mi4$863,868$209,000$215,967

Frequently Asked Questions

How many homes are for sale in PORTSMOUTH, IA 51565?

As of January 2026, there are 2 active listings in PORTSMOUTH, IA (zip code 51565), compared to 1 the prior year.

What is the median home price in PORTSMOUTH, IA 51565?

The median listing price in PORTSMOUTH, IA 51565 is $430,000 as of January 2026, a 140.2% increase from $179,000 the prior year.

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

Homes in PORTSMOUTH, IA 51565 spend an average of 72 days on the market before going under contract, compared to 5 days the prior year.

Is it a seller's or buyer's market in PORTSMOUTH, IA 51565?

Based on current inventory and days-on-market data as of January 2026, PORTSMOUTH, IA 51565 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 72 days on market compared to 5 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, IA 51565 save an estimated $8,600 compared to a typical 5% commission on the median listing price of $430,000. 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.