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Tama IowaPhoto: Billwhittaker at English Wikipedia · CC BY-SA 3.0
Housing in Tama

30 homes sold in Tama in the last year, at a typical $163K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Tama homes are listed.

Homes sold
30
October 2025 to September 2026
Typical sale price
$163K
median, weighted by sales
Price per square foot
$107
Iowa $159
Paid vs. asking
96.7%
18% sold over asking
For sale now
13
September 2026 · 3 sold that month
What sold · last 12 months

Houses are 0% of Tama’s sales, at a typical — (year to May 2026)

30 homes sold in the year to September 2026.

12 years of sales

More homes sell than most years, at 2.2 times the 2016 price

30 sales in the last year, against 31 in 2023 and a low of 12 in 2014. The typical sale went from $75K in 2016 to $163K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2014: 12 sold, typical $69K’142015: 29 sold, typical $77K2016: 31 sold, typical $75K’162017: 25 sold, typical $86K2018: 30 sold, typical $70K’182019: 24 sold, typical $100K2020: 27 sold, typical $117K’202021: 27 sold, typical $101K2022: 29 sold, typical $106K’222023: 31 sold, typical $132K2024: 23 sold, typical $148K’242025: 27 sold, typical $183KLast 12 months: 30 sold, typical $163KNow

Source: Redfin Data Center, MLS sales; from June 2026 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. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 12 years of sales

Bidding wars in Tama are more common than before the pandemic, but a third fewer homes come up for sale

We read every month of Tama’s home sales since 2014 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 September 2026, 30 sales.

If you’re buying in Tama

  • Shop in May. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (7% over asking).
  • Offer under asking. Buyers paid 96.7% of the list price on average; 18% paid over.
  • You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 34 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 3 a month), but August is the most competitive: 18% of August sales close over asking. May offers nearly as much choice with fewer homes bid up (7%). May has the least competition (7%).

New listings a monthShare sold over asking
01.32.53.857%13%20%Sweet spotJan: 2 new listings a month, 13% sold over asking, 98 days to sellJFeb: 2 new listings a month, 12% sold over asking, 106 days to sellFMar: 2 new listings a month, 9% sold over asking, 101 days to sellMApr: 2 new listings a month, 9% sold over asking, 112 days to sellAMay: 3 new listings a month, 7% sold over asking, 98 days to sellMJun: 3 new listings a month, 12% sold over asking, 96 days to sellJJul: 3 new listings a month, 17% sold over asking, 92 days to sellJAug: 3 new listings a month, 18% sold over asking, 82 days to sellASep: 3 new listings a month, 18% sold over asking, 99 days to sellSOct: 3 new listings a month, 14% sold over asking, 69 days to sellONov: 2 new listings a month, 17% sold over asking, 77 days to sellNDec: 2 new listings a month, 13% sold over asking, 71 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Iowa as a whole

Tama now2017–192021 peakIA now
Sold over askingShare of sales that closed above the list price18%8%25%20%
Gone within two weeksShare of homes under contract within 14 days33%0%0%35%
Price paid vs. askingAverage sale price ÷ list price96.7%94.3%96.3%97.5%
Days to sellMedian days from listing to contract341296446
Supply

9 homes for sale on a typical day

That’s 2.2 times the 2024 low (4), 33% fewer than in 2017–19 and well under 2016’s 17.

2014: 9 for sale’142015: 16 for sale2016: 17 for sale2017: 12 for sale’172018: 15 for sale2019: 13 for sale2020: 9 for sale’202021: 6 for sale2022: 7 for sale2023: 5 for sale’232024: 4 for sale2025: 5 for saleLast 12 months: 9 for saleNow

Source: Redfin Data Center, city figures, January 2014 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Tama home costs about $1,103 a month

Mortgage
Property tax
Insurance
Rent

Price: Tama’s typical sale, last 12 months. Property tax at Tama’s 1.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Tama is affordable on local pay is on Cost of living.

Before you buy in Tama

Six things worth knowing

3

New listings in July

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

Best time to buy
1.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $163K home, about $3,040 a year.

Taxes vs. neighbors
D

Schools

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

Schools in Tama
20 min

Typical commute

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

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

Toledo, Belle Plaine, Traer and Gladbrook sell for less a square foot; Holiday Lake and Grinnell for far more

The busier markets within 25 miles of Tama, 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
Grinnell107$223K$13615%53
Belle Plaine32$153K$8716%51
Tama30$163K$10718%34
Holiday Lake28$236K$2131%75
Toledo26$151K$927%46
Gladbrook23$119K$8627%49
Traer21$153K$9413%58

Redfin Data Center, October 2025 to September 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 Tama, free

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

Questions about buying a home in Tama

What do homes sell for in Tama, IA?

30 homes sold in the year to September 2026 at a typical $163K, $107 a square foot.

Is Tama a buyer’s or seller’s market?

A seller’s market: 13 homes were for sale in September 2026 and 3 sold, about 3.9 months of supply. Buyers paid 96.7% of asking on average.

When is the best time to buy in Tama?

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

How much are property taxes in Tama?

About 1.9% of a home’s value a year. On a $163K home that’s near $3,040.

Where can I see homes for sale in Tama?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 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).