Is 52722, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 52722 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 52722 has remained a Seller's Market.

Key Takeaway

52722 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 52722, IA

How much do homes in 52722, IA cost?

Median Sold Price

$342,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$56,166(+19.7%)

Key Takeaway

Homes in 52722 have sold for 19.7% more than they did a year ago.

Summary: The median home sold price in 52722 was $342,000 in April 2024, up 19.7% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $116K$120K
+3.4%
2 $173.5K$180.2K
+3.9%
3 $255K$285K
+11.8%
4 $360K$430K
+19.4%
5+ $587.4K$550K
-6.4%

Summary: 52722 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes decreased by 6.4%.

Median Sold Price Compared To Nearby Zip Codes

52722
+19.7%
61244
+12.7%
52807
+11.7%

Housing Supply in 52722, IA

How many homes are available in 52722, IA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
162175+8.0%

Summary: The 52722 real estate market had 175 homes for sale in April 2024, a 8.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2928
-3.4%
3 5763
+10.5%
4 4551
+13.3%
5+ 3133
+6.5%

Summary: The 52722 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 decreased by 3.4%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 6.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4350+16.3%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 52722, expect to pay close to the asking price. 42% of homes here sold near the asking price last month.

Summary: A total of 50 homes were sold or pending in 52722 in April 2024, up by 16.3% month-over-month. Of the 50 sold homes, 40% were sold under asking, 42% were sold at asking, and 18% were sold over asking.

Days on Market for 52722, IA

How long does it take to sell a home in 52722, IA?

Average Sale Time

Apr 2023Apr 2024CHANGE
24 Days35 Days+42.9%

Summary: Homes in 52722 had an average of 35 days on market in Apr 2024, up by 42.9% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 52722 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 50 homes were sold in 52722; 72% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 17 Days Ago

Newest Listings in 52722, IA

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