Market Intelligence Report — IA-800

Pella, IA

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

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

Median Listing

$377K
+2.6% YoY

Pending Ratio

0.41
-8.4% YoY

Active Inventory

116
+2.2% YoY

Median DOM

61 Days
-7.2% YoY

Primary Intelligence Tool — Sold Score™

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The Pella, IA market is exhibiting cooling conditions, characterized by a pending ratio of 0.41. This metric suggests a slowdown in demand absorption relative to available inventory.

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 Pella market right now.

Active listings have experienced a modest increase of 2.2% year-over-year, while new listings have contracted significantly by 17.6% over the past year. Concurrently, the pending ratio has declined by 8.4% year-over-year, indicating a deceleration in transaction velocity. Despite these trends, the median listing price has demonstrated a 2.6% year-over-year increase, alongside a 3.4% year-over-year gain in median price per square foot.

Historical Analysis

Market Trends

Median Price

$377K-4.4% MoM

Active Inventory

116+2.2% YoY

Days on Market

61-7.2% YoY

Sold Score™

60-8.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

60
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

The current market dynamics suggest a diminishing urgency in purchasing activity. With a pending ratio of 0.41, inventory is taking longer to be absorbed, which may contribute to a more deliberate pace of negotiation. Elevated levels of price reductions also indicate increased pressure for price discipline among sellers.

Luxury Segment

The average listing price has risen 3.7% year-over-year, outpacing the 2.6% year-over-year growth in median listing price, and suggesting a slight divergence in performance across price tiers. However, median price per square foot growth of 3.4% year-over-year does not signal distinct softness at the higher end of the market in the latest period.

Supply Dynamics

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

Pricing Pressure
22.6%

of active listings carry a price reduction, +1.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.4% year-over-year.

Absorption
0.41

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Pella, IA? Homes here are taking 5 days less to sell than last year.

Pella, IA is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
41%
Median Days on Market
61 days
Inventory YoY
+2%

Pella, IA is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Pella, IA
CBSA Code
37800
State
IA

ZIPs in Pella, IA

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Pella?+

    As of the latest 2026 data, the Pella metro is classified as Cooling. Pending ratio is 0.41 with median days on market at 61.

  • Are home prices dropping in Pella?+

    Median listing price is $377K, +2.6% year over year. 22.6% of active listings carry a price reduction.

  • How fast are homes selling in Pella?+

    The typical listing sits 61 days on market, a -7.2% change YoY. New listings are arriving at 28 per month.

  • What's happening in the Pella luxury market?+

    The average listing price has risen 3.7% year-over-year, outpacing the 2.6% year-over-year growth in median listing price, and suggesting a slight divergence in performance across price tiers. However, median price per square foot growth of 3.4% year-over-year does not signal distinct softness at the higher end of the market in the latest period.

  • Where can I find a trusted Pella real estate expert?+

    Primpted maintains a vetted registry of Pella agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 37800 · 36mo history