Is 52402, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 52402 has remained a Seller's Market.
Housing Prices in 52402, IA
How much do homes in 52402, IA cost?
Median Sold Price
$185,500
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 52402 was $185,500 in February 2024, up 6% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $99K | $78K | -21.2% |
2 Bedrooms | $128.2K | $135K | +5.3% |
3 Bedrooms | $176.1K | $187.7K | +6.6% |
4 Bedrooms | $240K | $252K | +5.0% |
5+ Bedrooms | $327K | $317K | -3.1% |
Summary: 52402 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.2%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 3.1%.
Median Sold Price Compared To Nearby Zip Codes
52233 | $195K | $231.2K | +18.6% |
52402 | $175K | $185.5K | +6.0% |
Housing Supply in 52402, IA
How many homes are available in 52402, IA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
114 | 114 | 0.0% |
Summary: The 52402 real estate market had 114 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 42 | 36 | -14.3% |
3 Bedrooms | 40 | 46 | +15.0% |
4 Bedrooms | 26 | 25 | -3.8% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 52402 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
22 | 29 | +31.8% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 52402 in February 2024, up by 31.8% month-over-month. Of the 29 sold homes, 62% were sold under asking, 14% were sold at asking, and 24% were sold over asking.
Days on Market for 52402, IA
How long does it take to sell a home in 52402, IA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
34 Days | 46 Days | +34.6% |
Summary: Homes in 52402 had an average of 46 days on market in Feb 2024, up by 34.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 29 homes were sold in 52402; 45% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.