Fort Dodge, IA metro area Housing Market

Cold Market

Comprehensive housing market data for the Fort Dodge, IA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$53K

61.0% YoY

Days on Market

241 days

125.2% YoY

Active Inventory

11

15.4% YoY

Homes Sold

2

71.4% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Fort Dodge, IA metro area Market Summary

The Fort Dodge, IA metro area housing market is cooling down. As of March 2026, the median home sale price is $53K, down 61.0% year-over-year. Homes are spending a median of 241 days on the market, 125.2% longer than a year ago.

There are 11 homes for sale — 15.4% fewer than last year. With 5.5 months of supply, this is a balanced market. 3 new listings were added during this period, down 40.0% year-over-year.

Homes are selling for 86.6% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 18.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

81

Contributing Factors

Months of Supply 5.5
Days on Market 241
Price Drops 18.2%
Sale-to-List Ratio 86.6%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 87.9%
Days on Market (National: 55) 338.2%
Inventory (National: 1,314,690) 100.0%

vs. Iowa Median

Median Price (Iowa: $251K) 79.0%
Days on Market (Iowa: 72) 234.7%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 88% below the national median, which could indicate stronger cash flow potential.

Fort Dodge, IA metro area Market Trends

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Detailed Market Metrics

Median List Price

$175K

Price per Sq Ft

$46

Sale-to-List Ratio

86.6%

Months of Supply

5.5

Sold Above List

0.0%

Price Drops

18.2%

New Listings

3

40.0% YoY

Pending Sales

5

Off Market in 2 Weeks

40.0%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.