Nevada, IA Home Values & Market Trends

Real estate market trends reflect that there have been 125 transactions over the past year in Nevada. The median value for residential home transactions that occurred over the previous year is $242,270. The number of current listings in Nevada is 102, and the percentage of properties for sale in the city is 102.00%. Nevada, IA currently has 7 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 102 properties for sale.

Nevada, IA Real Estate Market Overview

ZipMedian Est. Value
50201

$ 242,270

$ 198/sqft

Housing Market Summary for Nevada, IA

Sep 2025September 2026Change
Median Listing Price$211.2K$199.9K-5.33%
Median Sold Price$228.1K$256.4K12.44%
Homes For Sale709941.43%
Homes Sold5641-26.79%
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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 Nevada, IA

Nevada home values range from $89,966 to $880,006. The median estimated value of a home in Nevada is $242,270. The median list price of a home is 209,900, and the total count of properties in the city is 155.

Foreclosure
There is 1 zips within Nevada, IA; within this zips, the median estimated home value for homes in foreclosure ranges from $368,974 in 50201 to the lowest value of $120,425 in 50201. Foreclosure homes account for 4.00% of properties in Nevada, IA with 50201 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 3.87% of all residential properties in Nevada, IA with 50201 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Nevada, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $368,974 in 50201 to the lowest home value of $120,425 in 50201.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Nevada, 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 Nevada, IA. There is 1 zips within Nevada, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    50201 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Nevada, IA. Auction homes and other auction properties account for 0.65% of all properties in Nevada, IA. There is 1 zips within Nevada, IA; of that zips, the median estimated home value for homes going to auction ranges from $155,215 in 50201 to the lowest value of $155,215 in 50201.
Homes for Sale
Homes and properties that are actively listed for sale account for 65.81% of residential properties in Nevada, IA with 50201 containing 102 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Nevada, IA; homes for sale in that zips, have a range of median values from $880,006 in 50201 to the lowest value of $89,966 in 50201.
    Sold Homes
    The median value for recently sold homes ranges from $568,286 in 50201 to the lowest price of $120,450 in 50201. There is 1 zips within Nevada, IA. 50201 has 39 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 25.16% of properties in Nevada, IA.

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      Guide for Nevada, 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.