Market Intelligence Report — IA-180

Le Mars, IA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IA-05
As of the latest 2026 data
Cooling

Median Listing

$300K
+1.7% YoY

Pending Ratio

0.28
-7.2% YoY

Active Inventory

47
+9.3% YoY

Median DOM

41 Days
-16.5% YoY

Primary Intelligence Tool — Sold Score™

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Le Mars, IA is experiencing a cooling trend. The pending ratio stands at 0.28, indicating that demand absorption is lagging relative to available inventory. Median listing prices have observed a 3.5% month-over-month decline, despite a modest 1.7% year-over-year increase.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Le Mars market right now.

Active listings have increased by 9.3% year-over-year, reaching 47, while new listings saw a significant 25.0% year-over-year rise. Concurrently, the pending ratio has decreased by 7.2% year-over-year to 0.28, signaling a slowdown in market activity. Median days on market improved by 16.5% year-over-year, but the share of price-reduced listings expanded by 7.6% year-over-year to 30.4%, reflecting a challenging pricing environment.

Historical Analysis

Market Trends

Median Price

$300K-3.5% MoM

Active Inventory

47+9.3% YoY

Days on Market

41-16.5% YoY

Sold Score™

28-7.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

28
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market conditions in Le Mars suggest that buyers may find more opportunities for negotiation. The elevated inventory levels and declining pending ratio indicate reduced pressure for rapid decisions. Sellers may need to exercise price discipline and be prepared for properties to remain on the market for longer periods, as evidenced by a higher share of price reductions.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

47 active listings represent the current floor, with new supply arriving at roughly 20 per month.

Pricing Pressure
30.4%

of active listings carry a price reduction, +7.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +12.4% year-over-year.

Absorption
0.28

Pending-to-active ratio — Cooling.

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Metro Demographics

Metro Area
Le Mars, IA
CBSA Code
30180
State
IA