Is 52802, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 52802 has remained a Seller's Market.
Key Takeaway
52802 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 52802, IA
How much do homes in 52802, IA cost?
Median Sold Price
$91,000
$75/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 52802 have sold for 7.8% less than they did a year ago.
Summary: The median home sold price in 52802 was $91,000 in March 2024, down 7.8% from last year, and the median price per square foot was $75.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $34.5K | $46K | +33.3% |
| 2 Bedrooms | $87.9K | $87.9K | -0.1% |
| 3 Bedrooms | $106K | $92.5K | -12.7% |
| 4 Bedrooms | $107.1K | $119.4K | +11.5% |
| 5+ Bedrooms | $115K | $157.5K | +37.0% |
Summary: 52802 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 37%.
Housing Supply in 52802, IA
How many homes are available in 52802, IA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 23 | +27.8% |
Summary: The 52802 real estate market had 23 homes for sale in March 2024, a 27.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 9 | +80.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 52802 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 80%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 52802, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 52802 in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for 52802, IA
How long does it take to sell a home in 52802, IA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 29 Days | 36 Days | +20.4% |
Summary: Homes in 52802 had an average of 36 days on market in Mar 2024, up by 20.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 52802 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in 52802; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.