Is 52748, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 52748 is a neutral's market

Buyer's
Market

Difference Since April 2023

Since last year, 52748 has remained a Neutral Market.

Key Takeaway

52748 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 52748, IA

How much do homes in 52748, IA cost?

Median Sold Price

$268,500

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$6,500(-2.4%)

Key Takeaway

Homes in 52748 have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in 52748 was $268,500 in April 2024, down 2.4% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $149.5K$159.7K
+6.9%
3 $281.9K$257.5K
-8.7%
4 $347.5K$338.2K
-2.7%
5+ $363.3K$509K
+40.1%

Summary: 52748 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 6.9%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 40.1%.

Median Sold Price Compared To Nearby Zip Codes

52807
+11.7%
52806
+8.0%
52748
-2.4%

Housing Supply in 52748, IA

How many homes are available in 52748, IA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3842+10.5%

Summary: The 52748 real estate market had 42 homes for sale in April 2024, a 10.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 1514
-6.7%
4 1011
+10.0%
5+ 26
+200.0%

Summary: The 52748 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 6.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 52748, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in 52748 in April 2024, down by 41.7% month-over-month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% were sold over asking.

Days on Market for 52748, IA

How long does it take to sell a home in 52748, IA?

Average Sale Time

Apr 2023Apr 2024CHANGE
23 Days24 Days+6.3%

Summary: Homes in 52748 had an average of 24 days on market in Apr 2024, up by 6.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 52748 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in 52748; 71% 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 1 Day Ago

Newest Listings in 52748, IA

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