Elma, IA Home Values & Market Trends
Real estate market trends reflect that there have been 7 transactions over the past year in Elma. The median value for residential home transactions that occurred over the previous year is $79,818. The number of current listings in Elma is 4, and the percentage of properties for sale in the city is 4.00%. Elma, IA currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 4 properties for sale.
Elma, IA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 50628 | $ 79,818 $ 55/sqft |
Housing Market Summary for Elma, IA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $0 | $0 | - |
| Median Sold Price | $102.8K | $106.6K | 3.70% |
| Homes For Sale | 2 | 4 | 100.00% |
| Homes Sold | 2 | 8 | 300.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Elma, IA
Browse Homes in Elma, IA
Elma home values range from $26,405 to $284,755. The median estimated value of a home in Elma is $79,818. The median list price of a home is 0, and the total count of properties in the city is 13.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Elma, IA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Elma, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elma, IA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Elma, IA. There is 1 zips within Elma, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions50628 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Elma, IA. Auction homes and other auction properties account for 7.69% of all properties in Elma, IA. There is 1 zips within Elma, IA; of that zips, the median estimated home value for homes going to auction ranges from $90,650 in 50628 to the lowest value of $90,650 in 50628.
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More Real Estate Resources for Elma, IA
Guide for Elma, IA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
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