Is Chariton, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Chariton was a Buyer's Market.
Key Takeaway
Chariton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chariton, IA
How much do homes in Chariton, IA cost?
Median Sold Price
$69,000
$80/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Chariton have sold for 46.3% less than they did a month ago.
Summary: The median home sold price in Chariton was $69,000 in March 2024, down 46.3% from last month, and the median price per square foot was $80.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $69K | N/A |
| 2 Bedrooms | - | $183.5K | N/A |
| 3 Bedrooms | $128.5K | $350K | +172.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $55K | N/A |
Summary: Chariton housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 172.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Chariton, IA
How many homes are available in Chariton, IA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Summary: The Chariton real estate market had 21 homes for sale in March 2024, a 16.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Chariton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Chariton, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Chariton in March 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Chariton, IA
How long does it take to sell a home in Chariton, IA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 Days | 51 Days | +99.2% |
Summary: Homes in Chariton had an average of 51 days on market in Mar 2024, up by 99.2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chariton are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Chariton; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
