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MORNING SUN, IA 52640

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

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
3
75% pending ratio
Median Price
$23,500
⇩ 81.4% vs $126,250 last year
Average Price
$23,500
⇩ 83.7% vs $143,843 last year
Days on Market
73
⇧ 92.1% vs 38 days last year

Market Context

Population: 1,366  ·  Density: 7.7/mi²  ·  Median household income: $73,264

Typical home value: $134,326  ·  Homeownership: 90.0%

Market Analysis

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

The MORNING SUN, IA real estate market (52640) currently shows 4 active listings, with 3 pending sales. Homes are averaging 73 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 73 days on market compared to 38 days last year.

The median listing price has fallen 81.4% year-over-year, from $126,250 to $23,500.

Whether you are buying or selling in MORNING SUN, 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: 4 this year vs 5 last year
  • Days on market: 73 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $23,500 (-81.4% YoY)
  • Average: $23,500 (-83.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.4 miles — 55 listings ($13,772,335 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52640Morning Sun, IA 526400.0 mi4$94,000$23,500$23,500
52653Wapello, IA 526538.1 mi15$3,432,570$199,000$228,838
52637Mediapolis, IA 526379.2 mi7$2,238,250$339,000$319,750
52752Grandview, IA 5275213.2 mi0$0$29,500$29,500
52647Olds, IA 5264713.9 mi1$164,900$164,900$164,900
52621Crawfordsville, IA 5262115.1 mi3$1,047,000$399,000$349,000
52754Letts, IA 5275417.1 mi1$1,150,000$1,150,000$1,150,000
52655West Burlington, IA 5265517.6 mi13$3,458,715$219,000$266,055
61442Keithsburg, IL 6144218.7 mi1$62,500$62,500$62,500
52749Fruitland, IA 5274918.9 mi2$709,800$354,900$354,900
52201Ainsworth, IA 5220121.3 mi4$1,099,600$274,900$274,900
61437Gladstone, IL 6143723.0 mi1$90,000$90,000$90,000
61476Seaton, IL 6147623.4 mi3$225,000$75,000$75,000

Frequently Asked Questions

How many homes are for sale in MORNING SUN, IA 52640?

As of January 2026, there are 4 active listings in MORNING SUN, IA (zip code 52640), compared to 5 the prior year.

What is the median home price in MORNING SUN, IA 52640?

The median listing price in MORNING SUN, IA 52640 is $23,500 as of January 2026, a 81.4% decrease from $126,250 the prior year.

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

Homes in MORNING SUN, IA 52640 spend an average of 73 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in MORNING SUN, IA 52640?

Based on current inventory and days-on-market data as of January 2026, MORNING SUN, IA 52640 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 73 days on market compared to 38 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MORNING SUN, IA 52640 save an estimated $470 compared to a typical 5% commission on the median listing price of $23,500. 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.