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Housing in Pella

167 homes sold in Pella in the last year, at a typical $348K

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 Pella homes are listed.

Homes sold
167
June 2025 to May 2026
Typical sale price
$348K
houses $352K · condos $396K
Price per square foot
$244
Iowa $159
Paid vs. asking
98.2%
10% sold over asking
For sale now
62
May 2026 · 19 sold that month
What sold · last 12 months

8% of Pella’s sales are condos, at $45K more than a house

152 houses and 13 condos sold in the year to May 2026. Houses sell faster.

Houses$352K

typical sale · 152 sold in 12 months

Per square foot
$247IA $158
Days to sell
40
Sold over asking
11%
Listings with a price cut
26%
Condos$396K

typical sale · 13 sold in 12 months

Per square foot
$246IA $165
Days to sell
111
Sold over asking
8%
Listings with a price cut
16%
Fewer sales

Townhouses: 2 sold, typical $292K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

167 sales in the last year, against 193 in 2021 and a low of 141 in 2012. The typical sale went from $170K in 2016 to $348K.

Homes soldTypical sale price
050100150200$175K$250K$325K$400K2012: 141 sold, typical $149K’122013: 154 sold, typical $154K2014: 154 sold, typical $155K’142015: 185 sold, typical $166K2016: 152 sold, typical $170K’162017: 157 sold, typical $184K2018: 147 sold, typical $191K’182019: 188 sold, typical $208K2020: 175 sold, typical $226K’202021: 193 sold, typical $246K2022: 161 sold, typical $277K’222023: 160 sold, typical $312K2024: 151 sold, typical $322K’242025: 153 sold, typical $357KLast 12 months: 167 sold, typical $348KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Pella

Houseat $247 a sq ft
Condoat $246 a sq ft
The same money in Iowaat $158 a sq ft

Is this asking price fair?

Check a listing against what Pella 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 · 14 years of sales

Bidding wars in Pella are back to pre-pandemic levels, with about as many homes for sale

We read every month of Pella’s home sales since 2012 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, 167 sales.

If you’re buying in Pella

  • Shop in April. It brings about 21 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • You can negotiate. 23% of listings have cut their price, against 18% before the pandemic.
  • Bid near asking. Buyers paid 98.2% of the list price on average; 10% paid over.
  • You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 43 days.
Best time to buy

Spring brings the homes; winter brings the bidding wars

April has the most new listings (about 21 a month), but January is the most competitive: 23% of January sales close over asking. November has the least competition (12%).

New listings a monthShare sold over asking
06.312.518.82513%27%40%Sweet spotJan: 11 new listings a month, 23% sold over asking, 63 days to sellJFeb: 12 new listings a month, 17% sold over asking, 74 days to sellFMar: 16 new listings a month, 17% sold over asking, 52 days to sellMApr: 21 new listings a month, 17% sold over asking, 62 days to sellAMay: 15 new listings a month, 22% sold over asking, 35 days to sellMJun: 19 new listings a month, 20% sold over asking, 35 days to sellJJul: 18 new listings a month, 23% sold over asking, 41 days to sellJAug: 19 new listings a month, 19% sold over asking, 40 days to sellASep: 15 new listings a month, 17% sold over asking, 35 days to sellSOct: 14 new listings a month, 17% sold over asking, 40 days to sellONov: 15 new listings a month, 12% sold over asking, 43 days to sellNDec: 6 new listings a month, 13% sold over asking, 59 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Iowa

Pella now2017–192021 peakIA now
Sold over askingShare of sales that closed above the list price10%13%31%22%
Gone within two weeksShare of homes under contract within 14 days37%24%47%36%
Listings with a price cutShare of homes for sale that cut their price23%18%6%27%
Price paid vs. askingAverage sale price ÷ list price98.2%97%99.2%97.7%
Days to sellMedian days from listing to contract43522145
Supply

46 homes for sale on a typical day

That’s 2.6 times the 2023 low (18), about the 2017–19 level and well under 2012’s 60.

2012: 60 for sale’122013: 57 for sale2014: 56 for sale2015: 57 for sale’152016: 44 for sale2017: 47 for sale2018: 35 for sale’182019: 47 for sale2020: 35 for sale2021: 55 for sale’212022: 20 for sale2023: 18 for sale2024: 24 for sale’242025: 37 for saleLast 12 months: 46 for saleNow
Room to negotiate

1 in 4 listings has cut its price

23% in the last year, against 18% in 2017–19 and 27% across Iowa. More sellers are pricing high and coming down.

2018: 22%’182019: 15%2020: 16%2021: 6%’212022: 25%2023: 30%2024: 23%’242025: 24%Last 12 months: 23%Now
Prices by type

Since 2019, houses are up 70%, condos 110%

A house typically sold for $352K in the last year (152 sales), a condo for $396K (13).

$200K$300K$400K$500K2013201520172019202120232025NowHouses 2013: $154K, 154 salesHouses 2014: $154K, 152 salesHouses 2015: $166K, 184 salesHouses 2016: $171K, 146 salesHouses 2017: $185K, 154 salesHouses 2018: $190K, 141 salesHouses 2019: $207K, 171 salesHouses 2020: $228K, 166 salesHouses 2021: $247K, 177 salesHouses 2022: $275K, 154 salesHouses 2023: $310K, 156 salesHouses 2024: $329K, 146 salesHouses 2025: $358K, 140 salesHouses last 12 months: $352K, 152 salesHouses $352KCondos 2016: $169K, 6 salesCondos 2018: $200K, 6 salesCondos 2019: $189K, 16 salesCondos 2020: $214K, 7 salesCondos 2021: $290K, 14 salesCondos 2022: $369K, 7 salesCondos 2023: $292K, 4 salesCondos 2024: $234K, 5 salesCondos 2025: $375K, 12 salesCondos last 12 months: $396K, 13 salesCondos $396K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Iowa

Pella ranks 60th of 64 busy Iowa markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Pella is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 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 Pella home costs about $2,180 a month

Mortgage
Property tax
Insurance
Rent

Price: Pella’s typical sale, last 12 months. Property tax at Pella’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Pella is affordable on local pay is on Cost of living.

Before you buy in Pella

Six things worth knowing

21

New listings in April

The month with the most choice. December has the fewest, about 6.

Best time to buy
1.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $348K home, about $4,370 a year.

Taxes vs. neighbors
A+

Schools

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

Schools in Pella
14 min

Typical commute

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

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

Knoxville, Monroe, Oskaloosa, Melcher-Dallas, Newton and Prairie City sell for less a square foot

The busier markets within 25 miles of Pella, 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
Newton253$192K$16623%48
Pella167$348K$24410%43
Oskaloosa138$182K$12424%46
Knoxville118$201K$15220%36
Monroe32$243K$16919%36
Prairie City32$284K$20225%35
Melcher-Dallas21$149K$14119%45

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 Pella, free

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Questions about buying a home in Pella

What do homes sell for in Pella, IA?

167 homes sold in the year to May 2026 at a typical $348K, $244 a square foot. Houses sold for about $352K, condos for about $396K.

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

A seller’s market: 62 homes were for sale in May 2026 and 19 sold, about 3.3 months of supply. Buyers paid 98.2% of asking on average, and 23% of listings cut their price.

When is the best time to buy in Pella?

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

How much are property taxes in Pella?

About 1.3% of a home’s value a year. On a $348K home that’s near $4,370.

Where can I see homes for sale in Pella?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).