Is 52338, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 52338 was a Neutral Market.
Key Takeaway
52338 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 52338, IA
How much do homes in 52338, IA cost?
Median Sold Price
$535,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 52338 have sold for 67.2% more than they did a year ago.
Summary: The median home sold price in 52338 was $535,000 in April 2024, up 67.2% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $238.2K | $245.1K | +2.9% |
| 3 Bedrooms | $214.6K | $285K | +32.8% |
| 4 Bedrooms | $420K | $600K | +42.9% |
| 5+ Bedrooms | $565K | $675K | +19.5% |
Summary: 52338 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 32.8%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 19.5%.
Median Sold Price Compared To Nearby Zip Codes
| 52338 | $319.9K | $535K | +67.2% |
| 52317 | $285K | $301K | +5.6% |
| 52228 | $348.7K | $335K | -3.9% |
Housing Supply in 52338, IA
How many homes are available in 52338, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The 52338 real estate market had 5 homes for sale in April 2024, a 16.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 52338 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 52338, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 52338 in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 52338, IA
How long does it take to sell a home in 52338, IA?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 52338 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in 52338; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.