Local Market0 views · 1 answer
How competitive is the Le Mars housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v264
- Sold Score
- 28/100
- YoY Difficult Selling Environment
- Pending ratio
- 0.28
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 41
- YoY days on market
- Price cuts
- 51.1%
- YoY of active listings
Le Mars is soft for sellers as of May 2026, with a Sold Score of 28/100 (Difficult Selling Environment).
**Pending ratio** is 0.28 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +9.3% — more choices for buyers than a year ago.
**Median days on market** is 41. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 51.1% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 28/100 (Difficult Selling Environment) · Pending ratio: 0.28 · Inventory YoY: +9.3% · Median days on market: 41 · Sellers cutting price: 51.1% · Median listing price: $300,000 (+1.7% YoY)
Le Mars snapshot
As of the latest 2026 data- Median listing
- $300K
- YoY +0.0%
- Active inventory
- 47
- YoY +0.1%
- Median DOM
- 41
- YoY -0.2%
- Pending ratio
- 0.28
- YoY -0.1%
- Price-reduced
- 30.4%
- YoY +0.1%