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Mason City, IA 50401 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Mason City, IA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.02
ActiveActive listings: 6363PendingPending sales: 11
Mason City, IA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $175k$175kSoldMedian sold price (last 6 months): $172k$172k
What homes actually sell for in Mason City, IA
Distribution of 305 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $110k to $285k
$45k to $107k: 56 sales$45k$107k to $169k: 79 sales79sales$169k to $231k: 55 sales$169k$231k to $292k: 25 sales$292k to $354k: 30 sales$292k$354k to $416k: 14 sales$416k to $478k: 8 sales$416k$478k to $540k: 7 salesMedian $172k

What the numbers say

As of October 26, 2026, Resideline is tracking 63 active listings and 1 pending sales in ZIP code 50401. That pending-to-active ratio of 0.02 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $175,000, while the median of the 305 closed sales Resideline tracked over the last six months was $171,500. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 50401 for 83 days.

Frequently asked questions

What is the median home price in 50401?

The median closed sale price in Mason City, IA 50401 was $171,500 over the last six months, based on 305 closed sales tracked by Resideline. The middle half of those sales ranged from $110,500 to $285,000.

Is 50401 a buyer's or seller's market?

Resideline is currently tracking 1 pending sales against 63 active listings in 50401, a pending-to-active ratio of 0.02. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 50401 is currently a slower-moving market.

Nearby ZIP code market data

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