Market Intelligence Report — IA-180

Le Mars, IA

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

Ref. No: 2026-IA-09
As of the latest 2026 data
Very Weak

Median Listing

$336K
+6.1% YoY

Pending Ratio

0.15
-1.9% YoY

Active Inventory

59
+12.5% YoY

Median DOM

44 Days
+38.6% YoY

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The Le Mars housing market is experiencing very weak demand absorption, with a pending ratio of 0.15 indicating significant imbalance. This low pending activity is occurring despite a 6.1% year-over-year increase in the median listing price, reaching $336,250.

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 12.5% year-over-year, while new listings have contracted by 17.6% over the same period. The median days on market has also extended significantly, rising 38.6% year-over-year to 44 days, pointing to a deceleration in sales pace. Concurrently, the share of price-reduced listings has grown by 9.1% year-over-year, now standing at 25.1%.

Historical Analysis

Market Trends

Median Price

$336K+13.2% MoM

Active Inventory

59+12.5% YoY

Days on Market

44+38.6% YoY

Sold Score™

29-1.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

29
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

Negotiating leverage is heavily skewed due to a low absorption pace, evidenced by the 0.15 pending ratio. Elevated inventory and slower absorption put pressure on price discipline, often necessitating price reductions to attract offers. This environment suggests a prolonged period for properties to move from active to pending status.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

59 active listings represent the current floor, with new supply arriving at roughly 28 per month.

Pricing Pressure
25.1%

of active listings carry a price reduction, +9.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +7.6% year-over-year.

Absorption
0.15

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Le Mars, IA? Homes here are taking 12 days longer to sell than last year.

Buyers have leverage in Le Mars, IA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
15%
Median Days on Market
44 days
Inventory YoY
+13%

In a buyer's market, strategy beats timing. See how your home scores in Le Mars, IA and what moves the number.

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Metro Demographics

Metro Area
Le Mars, IA
CBSA Code
30180
State
IA