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MORNING SUN, IA 52640

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

Market Analysis

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

The MORNING SUN, IA real estate market (52640) currently shows 2 active listings, with 1 pending sales. Homes are averaging 126 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 126 days on market compared to 47 days last year.

The median listing price has risen 47.7% year-over-year, from $132,000 to $195,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
1
50% pending ratio
Median Price
$195,000
⇧ 47.7% vs $132,000 last year
Average Price
$195,000
⇧ 63.9% vs $119,000 last year
Days on Market
126
⇧ 168.1% vs 47 days last year

Price Per Square Foot

Median $/sqft
$115
⇧ 94.9% vs $59/sqft last year
Median Home Size
1,692 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 4 last year
  • Days on market: 126 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $195,000 (+47.7% YoY)
  • Average: $195,000 (+63.9% 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 23.4 miles — 249 listings ($51,109,692 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52640Morning Sun, IA 526400.0 mi4$644,000$161,000$161,000
52653Wapello, IA 526538.1 mi18$4,068,576$198,925$226,032
52637Mediapolis, IA 526379.2 mi7$1,986,460$289,000$283,780
52738Columbus Junction, IA 5273813.3 mi11$3,323,397$214,900$302,127
52645New London, IA 5264514.0 mi7$1,595,286$218,650$227,898
52623Danville, IA 5262316.9 mi6$2,281,350$216,725$380,225
52641Mount Pleasant, IA 5264117.5 mi42$10,215,072$219,250$243,216
61272New Boston, IL 6127217.7 mi2$319,500$159,750$159,750
52601Burlington, IA 5260118.9 mi143$24,558,534$111,200$171,738
52654Wayland, IA 5265420.3 mi3$592,749$193,750$197,583
52201Ainsworth, IA 5220121.3 mi4$1,339,768$344,925$334,942
61437Gladstone, IL 6143723.0 mi1$90,000$90,000$90,000
61476Seaton, IL 6147623.4 mi1$95,000$95,000$95,000

Frequently Asked Questions

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

As of July 2026, there are 2 active listings in MORNING SUN, IA (zip code 52640), compared to 4 the prior year.

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

The median listing price in MORNING SUN, IA 52640 is $195,000 as of July 2026, a 47.7% increase from $132,000 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 126 days on the market before going under contract, compared to 47 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 July 2026, MORNING SUN, IA 52640 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 126 days on market compared to 47 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 $3,900 compared to a typical 5% commission on the median listing price of $195,000. 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.