Is 52411, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 52411 is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 52411 was a Neutral Market.

Key Takeaway

52411 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 52411, IA

How much do homes in 52411, IA cost?

Median Sold Price

$459,500

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$500(+0.1%)

Key Takeaway

The sold price of homes in 52411 has remained the same since last year.

Summary: The median home sold price in 52411 was $459,500 in February 2024, up 0.1% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 -$216K
N/A
3 $345K$365K
+5.8%
4 $411.8K$385K
-6.5%
5+ $580K$570.9K
-1.6%

Summary: 52411 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 1.6%.

Median Sold Price Compared To Nearby Zip Codes

52233
+18.6%
52411
0.1%

Housing Supply in 52411, IA

How many homes are available in 52411, IA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3044+46.7%

Summary: The 52411 real estate market had 44 homes for sale in February 2024, a 46.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1216
+33.3%
4 1416
+14.3%
5+ 412
+200.0%

Summary: The 52411 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 52411, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 52411 in February 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 52411, IA

How long does it take to sell a home in 52411, IA?

Average Sale Time

Feb 2023Feb 2024CHANGE
91 Days30 Days-66.8%

Summary: Homes in 52411 had an average of 30 days on market in Feb 2024, down by 66.8% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 52411 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 4 homes were sold in 52411; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in 52411, IA

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