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American Legion Pump-Scheer Post 342, Jesup, IAPhoto: TheCatalyst31 · CC BY-SA 4.0
Housing in Jesup

45 homes sold in Jesup in the last year, at a typical $267K

Redfin reports Jesup’s sales by ZIP code, so these figures are for ZIP 50648, which takes in Jesup and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Jesup homes are listed.

Homes sold
45
ZIP 50648 · June 2025 to May 2026
Typical sale price
$267K
median, weighted by sales
Price per square foot
$142
Iowa $159
Paid vs. asking
97.3%
10% sold over asking
For sale now
13
May 2026 · 4 sold that month
What sold · last 12 months · ZIP 50648

Houses are 94% of Jesup’s sales, at a typical $273K

45 homes sold in the year to May 2026.

Houses$273K

typical sale · 42 sold in 12 months

Per square foot
$138IA $158
Days to sell
74
Sold over asking
11%
Fewer sales

Condos: 2 sold, typical $258K

Too few sales in 12 months for reliable figures.

10 years of sales

More homes sell than most years, at 1.6 times the 2016 price

45 sales in the last year, against 44 in 2020 and a low of 11 in 2018. The typical sale went from $163K in 2016 to $267K.

Homes soldTypical sale price
012253750$150K$200K$250K$300K2016: 27 sold, typical $163K’162017: 35 sold, typical $142K2018: 11 sold, typical $180K’182019: 26 sold, typical $157K2020: 44 sold, typical $177K’202021: 41 sold, typical $180K2022: 28 sold, typical $174K’222023: 36 sold, typical $182K2024: 28 sold, typical $234K’242025: 38 sold, typical $239KLast 12 months: 45 sold, typical $267KNow

Source: Redfin Data Center, MLS sales; for ZIP 50648, which takes in Jesup and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Jesup

Houseat $138 a sq ft
The same money in Iowaat $158 a sq ft

Is this asking price fair?

Check a listing against what Jesup homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 10 years of sales

Bidding wars in Jesup are back to pre-pandemic levels, and more homes are for sale

We read every month of home sales in ZIP 50648 since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 45 sales.

If you’re buying in Jesup

  • Shop in August. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (15% over asking).
  • Offer under asking. Buyers paid 97.3% of the list price on average; 10% paid over.
  • You’ll usually have time. Only 36% of homes go under contract within two weeks; the typical one takes 65 days.
Best time to buy

Summer brings the homes; fall brings the bidding wars

August has the most new listings (about 4 a month), but November is the most competitive: 26% of November sales close over asking. March has the least competition (8%).

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 13% sold over asking, 73 days to sellJFeb: 2 new listings a month, 10% sold over asking, 71 days to sellFMar: 2 new listings a month, 8% sold over asking, 71 days to sellMApr: 3 new listings a month, 18% sold over asking, 57 days to sellAMay: 3 new listings a month, 20% sold over asking, 53 days to sellMJun: 3 new listings a month, 17% sold over asking, 68 days to sellJJul: 3 new listings a month, 17% sold over asking, 68 days to sellJAug: 4 new listings a month, 15% sold over asking, 65 days to sellASep: 3 new listings a month, 23% sold over asking, 56 days to sellSOct: 3 new listings a month, 22% sold over asking, 53 days to sellONov: 3 new listings a month, 26% sold over asking, 57 days to sellNDec: 2 new listings a month, 21% sold over asking, 56 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Iowa

Jesup now2017–192021 peakIA now
Sold over askingShare of sales that closed above the list price10%8%25%22%
Gone within two weeksShare of homes under contract within 14 days36%1%0%36%
Listings with a price cutShare of homes for sale that cut their price———27%
Price paid vs. askingAverage sale price ÷ list price97.3%96.6%99.2%97.7%
Days to sellMedian days from listing to contract65826345
Supply

15 homes for sale on a typical day

That’s 4.2 times the 2018 low (4) and 103% more than in 2017–19.

2016: 9 for sale’162017: 9 for sale2018: 4 for sale2019: 10 for sale’192020: 12 for sale2021: 6 for sale2022: 7 for sale’222023: 8 for sale2024: 10 for sale2025: 13 for sale’25Last 12 months: 15 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 50648, which takes in Jesup and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Jesup home costs about $1,792 a month

Mortgage
Property tax
Insurance
Rent

Price: Jesup’s typical sale, last 12 months. Property tax at Jesup’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Jesup is affordable on local pay is on Cost of living.

Before you buy in Jesup

Six things worth knowing

4

New listings in August

The month with the most choice. January has the fewest, about 2.

Best time to buy
1.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $267K home, about $4,790 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Jesup, from test results, graduation and how much students grow.

Schools in Jesup
23 min

Typical commute

The average one-way trip to work for people who live in Jesup.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Evansdale, La Porte City and Waterloo sell for less a square foot

The busier markets within 25 miles of Jesup, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Waterloo886$177K$11931%20
Evansdale57$157K$13332%30
Jesup (ZIP 50648)45$267K$14210%65
La Porte City38$149K$9629%47
Urbana33$251K$15812%56
Hudson27$361K$15219%35
Denver24$256K$15217%33

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Jesup, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Jesup. People who follow the town see it, and so do people comparing Jesup with their own town. No commission, no listing fee.

Questions about buying a home in Jesup

What do homes sell for in Jesup, IA?

45 homes sold in the year to May 2026 at a typical $267K, $142 a square foot.

Is Jesup a buyer’s or seller’s market?

A seller’s market: 13 homes were for sale in May 2026 and 4 sold, about 3.3 months of supply. Buyers paid 97.3% of asking on average.

When is the best time to buy in Jesup?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Jesup?

About 1.8% of a home’s value a year. On a $267K home that’s near $4,790.

Where can I see homes for sale in Jesup?

Zillow, Redfin, Realtor.com and Homes.com all carry Jesup’s MLS listings; the search links above open each one filtered to Jesup.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 50648, which takes in Jesup and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).