Patterson, IA 50218 housing market
Data through Sep 2026 · Buyer's market · leverage 77
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Buyer Leverage Score
77
Sep 2026
Months of Supply
9.6 months
Aug 2026
Days on Market
148 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
99.0%
Aug 2026
Expected Disaster Loss
$113
Dec 2025
What this means
- Supply. There are 100% more homes for sale than the 2017-19 norm and rising (+50% vs. a year ago), so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is high (77/100; U.S.: 54): homes sell for about 1.0% below their final list price; 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $113 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Madison County, IA
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Winterset, IA 50273 | $299.7K | +0.7% | 43 |
| Van Meter, IA 50261 | $423.4K | +1.1% | 43 |
| Earlham, IA 50072 | $369.8K | +1.3% | 40 |
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| Cumming, IA 50061 | $600.9K | +2.0% | 61 |
| Dexter, IA 50070 | $249.7K | −3.9% | 71 |
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| Lorimor, IA 50149 | $277.2K | +6.9% | 33 |
| Peru, IA 50222 | $341.8K | +2.8% | 77 |
| Macksburg, IA 50155 | – | – | 2 |
| Bevington, IA 50033 | – | – | – |