Is 52806, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 52806 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 52806 has remained a Seller's Market.

Key Takeaway

52806 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 52806, IA

How much do homes in 52806, IA cost?

Median Sold Price

$221,750

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$16,750(+8.2%)

Key Takeaway

Homes in 52806 have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in 52806 was $221,750 in March 2024, up 8.2% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $93K$87.2K
-6.2%
2 $126.1K$143.4K
+13.7%
3 $195.5K$220.2K
+12.6%
4 $235.5K$269K
+14.2%
5+ $248K$225.5K
-9.1%

Summary: 52806 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes decreased by 9.1%.

Median Sold Price Compared To Nearby Zip Codes

52807
+14.9%
52804
+11.4%
52806
+8.2%
52803
+6.1%
52748
+1.9%

Housing Supply in 52806, IA

How many homes are available in 52806, IA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7160-15.5%

Summary: The 52806 real estate market had 60 homes for sale in March 2024, a 15.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 119
-18.2%
3 3627
-25.0%
4 2019
-5.0%
5+ 33
0.0%

Summary: The 52806 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 decreased by 18.2%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2318-21.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 52806, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in 52806 in March 2024, down by 21.7% month-over-month. Of the 18 sold homes, 39% were sold under asking, 17% were sold at asking, and 44% were sold over asking.

Days on Market for 52806, IA

How long does it take to sell a home in 52806, IA?

Average Sale Time

Mar 2023Mar 2024CHANGE
32 Days22 Days-30.6%

Summary: Homes in 52806 had an average of 22 days on market in Mar 2024, down by 30.6% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 52806 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 18 homes were sold in 52806; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% 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 52806, IA

Nearby Markets to 52806, IA