Two Central Iowa towns are sending opposite signals right now, and the gap between them is the widest in our service area. Norwalk has 323 active listings against 42 recent sales. Huxley has 139 active listings against 7. Same metro, same month, two very different negotiating positions.
Here is what that means in practice, what it does not mean, and how I would use it on either side of a transaction.
The ratio below is simple arithmetic on two figures Zillow publishes in its market reports for a ZIP area: active listings and recently sold. A higher number means more homes competing for each buyer who closes. Report dates differ by town, so each one is listed.
| Town | ZIP area | Active listings | Recently sold | Listings per sale | Report date |
|---|---|---|---|---|---|
| Huxley | 50124 | 139 | 7 | 19.9 | Oct 4, 2026 |
| Norwalk | 50211 | 323 | 42 | 7.7 | Oct 10, 2026 |
| Johnston | 50131 | 205 | 31 | 6.6 | Sep 21, 2026 |
| Waukee | 50263 | 581 | 90 | 6.5 | Oct 1, 2026 |
| Altoona | 50009 | 209 | 38 | 5.5 | Sep 25, 2026 |
| Ames | 50010 + 50014 | 243 | 50 | 4.9 | Sep 22 and 23, 2026 |
| Urbandale | 50322 | 129 | 33 | 3.9 | Oct 11, 2026 |
Source: Zillow market report emails for each ZIP area, read October 12, 2026. Active listings and recently sold are Zillow's own counts for the ZIP area, not city limits. Zillow does not state the length of its recently sold window, so the right-hand column is a ratio of two published counts. It is not months of supply and it is not an MLS absorption rate.
Urbandale at 3.9 listings per sale is the tightest market in the group. It is an established, mostly built-out suburb: inventory turns over because there is not much new supply arriving. A well-prepared Urbandale listing is still competing against a short list of alternatives.
Norwalk at 7.7 is the opposite story, and my read is that growth and new construction explain most of it. Norwalk has been adding people steadily, from 12,799 residents at the 2020 Census to 15,004 in the Census Bureau's July 1, 2025 estimate, and new-build inventory shows up in the active count the moment it is listed, often months before it is finished. That inflates the active number without any change in buyer demand. Zillow puts the typical Norwalk home value at $334,200 as of the end of August 2026, up 1.0% from $330,800 a year earlier, so prices are holding steady even with 323 homes on the market.
What this means for your strategy: in Norwalk, a buyer has real room to ask. In Urbandale, the leverage sits with a seller who has priced and prepared correctly.
Huxley shows 139 active listings against 7 recent sales. On the arithmetic that is 19.9 listings per sale, more than five times Urbandale's 3.9. But 7 is a very small number, and small numbers move violently. One extra closing takes the ratio from 19.9 to 17.4. A slow two weeks takes it the other way. I would not build a pricing decision on a 7-sale denominator.
What the Huxley figure does tell you honestly is that the listing side is crowded relative to how much is closing there right now. Zillow puts the typical Huxley home value at $345,800 as of the end of August 2026, up 1.1% from $342,200 a year earlier, which says values have not cracked. The signal is about pace, not price.
Huxley also sits in the Ballard Community School District, though district lines do not follow city limits, so confirm the district for a specific address. It draws from the Ankeny to Ames corridor, which is a specific buyer pool rather than a broad metro one. A thinner buyer pool produces thinner sale counts in any given window, and that is a structural feature of the town, not a warning sign.
I want you to know exactly what you are looking at. Zillow's report areas are ZIP areas, so a town's city limits and its ZIP boundary are not the same shape. The report dates range from September 21 to October 11, so the towns are not all measured on the same day. Zillow does not publish the length of its recently sold window, which is why I present a ratio rather than converting it to months of supply. And the typical home values are Zillow's index estimates for every home in town, not MLS closed-sale medians, so they will not match a CIBR or DMAAR report exactly.
For a decision on a specific address, the MLS data for that neighborhood and that price band beats any town-level figure on this page. That is the work I do before we set a number.
I keep a running page of typical values and sourced figures for every Central Iowa town and county, updated weekly: compare every Central Iowa town and county. For the two towns in this post, there are full area guides at Norwalk real estate and Huxley real estate, with ZIP codes, school districts, commute notes, and the same Market Snapshot block you see above.
If you are thinking about selling, the honest first step is finding out what your home is actually worth in your town's current conditions, which is a different answer in Norwalk than it is in Urbandale. I will put together a no-obligation valuation using the MLS comparables for your street and price band, and walk you through what the listings-per-sale picture means for your timeline. Start with the Central Iowa seller's guide or send me the address.
If you are buying, the deal calculator is there to run the numbers on anything you are looking at, and I am happy to pull the competing set for a specific town and price band so you know what you are really up against.
Jackson Krile | Flanders Team | RE/MAX Real Estate Center
515.490.8614 · Jackson@FlandersTeam.com
Let's talk through your specific situation - no pressure.