Is 52404, 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, 52404 has remained a Seller's Market.
Housing Prices in 52404, IA
How much do homes in 52404, IA cost?
Median Sold Price
$187,593
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 52404 was $187,593 in February 2024, up 4.2% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $79.5K | $83K | +4.4% |
2 Bedrooms | $138.8K | $145.5K | +4.8% |
3 Bedrooms | $185.2K | $187.1K | +1.0% |
4 Bedrooms | $259.5K | $290K | +11.8% |
5+ Bedrooms | $321.5K | $389.4K | +21.1% |
Summary: 52404 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 21.1%.
Housing Supply in 52404, IA
How many homes are available in 52404, IA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
112 | 123 | +9.8% |
Summary: The 52404 real estate market had 123 homes for sale in February 2024, a 9.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 28 | 30 | +7.1% |
3 Bedrooms | 41 | 46 | +12.2% |
4 Bedrooms | 31 | 35 | +12.9% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The 52404 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
19 | 29 | +52.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 52404 in February 2024, up by 52.6% month-over-month. Of the 29 sold homes, 52% were sold under asking, 28% were sold at asking, and 21% were sold over asking.
Days on Market for 52404, IA
How long does it take to sell a home in 52404, IA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
36 Days | 45 Days | +22.9% |
Summary: Homes in 52404 had an average of 45 days on market in Feb 2024, up by 22.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During February 2024, 29 homes were sold in 52404; 45% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.