Le Mars, IA Home Values & Market Trends

Real estate market trends reflect that there have been 150 transactions over the past year in Le Mars. The median value for residential home transactions that occurred over the previous year is $295,753. The number of current listings in Le Mars is 146, and the percentage of properties for sale in the city is 146.00%. Le Mars, IA currently has 3 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 146 properties for sale.

Le Mars, IA Real Estate Market Overview

ZipMedian Est. Value
51031

$ 295,753

$ 195/sqft

Housing Market Summary for Le Mars, IA

Sep 2025September 2026Change
Median Listing Price$298K$284.9K-4.38%
Median Sold Price$257.2K$247K-3.97%
Homes For Sale10214542.16%
Homes Sold67704.48%
Price
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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%.

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Browse Homes in Le Mars, IA

Le Mars home values range from $95,998 to $1,000,000. The median estimated value of a home in Le Mars is $295,753. The median list price of a home is 284,950, and the total count of properties in the city is 216.

Foreclosure
There is 1 zips within Le Mars, IA; within this zips, the median estimated home value for homes in foreclosure ranges from $262,382 in 51031 to the lowest value of $215,166 in 51031. Foreclosure homes account for 1.00% of properties in Le Mars, IA with 51031 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.93% of all residential properties in Le Mars, IA with 51031 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Le Mars, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $241,921 in 51031 to the lowest home value of $215,166 in 51031.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Le Mars, 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 Le Mars, IA. There is 1 zips within Le Mars, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    51031 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Le Mars, IA. Auction homes and other auction properties account for 0.46% of all properties in Le Mars, IA. There is 1 zips within Le Mars, IA; of that zips, the median estimated home value for homes going to auction ranges from $262,382 in 51031 to the lowest value of $262,382 in 51031.
Homes for Sale
Homes and properties that are actively listed for sale account for 67.59% of residential properties in Le Mars, IA with 51031 containing 146 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Le Mars, IA; homes for sale in that zips, have a range of median values from $1,000,000 in 51031 to the lowest value of $95,998 in 51031.
    Sold Homes
    The median value for recently sold homes ranges from $768,791 in 51031 to the lowest price of $109,739 in 51031. There is 1 zips within Le Mars, IA. 51031 has 64 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 29.63% of properties in Le Mars, IA.

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      Guide for Le Mars, IA

      Foreclosure
      Iowa Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.