Is 52807, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 52807 was a Seller's Market.
Key Takeaway
52807 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 52807, IA
How much do homes in 52807, IA cost?
Median Sold Price
$362,950
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 52807 have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in 52807 was $362,950 in April 2024, up 11.7% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64K | $242K | +278.1% |
| 2 Bedrooms | $175K | $225K | +28.6% |
| 3 Bedrooms | $287.5K | $307.5K | +7.0% |
| 4 Bedrooms | $372K | $405K | +8.9% |
| 5+ Bedrooms | $460K | $475K | +3.3% |
Summary: 52807 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 278.1%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 3.3%.
Housing Supply in 52807, IA
How many homes are available in 52807, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 44 | 52 | +18.2% |
Summary: The 52807 real estate market had 52 homes for sale in April 2024, a 18.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 20 | 20 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 4 | 9 | +125.0% |
Summary: The 52807 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 increased by 15.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 125%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 52807, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 52807 in April 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for 52807, IA
How long does it take to sell a home in 52807, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 59 Days | 136 Days | +130.1% |
Summary: Homes in 52807 had an average of 136 days on market in Apr 2024, up by 130.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 52807 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in 52807; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.