Is Clear Creek Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Clear Creek Township was a Neutral Market.
Key Takeaway
Clear Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Clear Creek Township, IA
How much do homes in Clear Creek Township, IA cost?
Median Sold Price
$356,495
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clear Creek Township have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Clear Creek Township was $356,495 in March 2024, up 5.7% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $183.6K | - | N/A |
| 2 Bedrooms | $140K | $141K | +0.7% |
| 3 Bedrooms | $260K | $304.9K | +17.3% |
| 4 Bedrooms | $400K | $365.4K | -8.6% |
| 5+ Bedrooms | $499.9K | $505K | +1.0% |
Summary: Clear Creek Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 17.3%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
| Coralville | $282K | $335K | +18.8% |
| North Liberty | $276.2K | $299.9K | +8.6% |
| Clear Creek Township | $337.4K | $356.4K | +5.7% |
| Tiffin | $368.5K | $349.9K | -5.0% |
Housing Supply in Clear Creek Township, IA
How many homes are available in Clear Creek Township, IA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 72 | 79 | +9.7% |
Summary: The Clear Creek Township real estate market had 79 homes for sale in March 2024, a 9.7% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 33 | 37 | +12.1% |
| 4 Bedrooms | 24 | 27 | +12.5% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Clear Creek Township 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 remained the same, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Clear Creek Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Clear Creek Township in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Clear Creek Township, IA
How long does it take to sell a home in Clear Creek Township, IA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 81 Days | 116 Days | +43.9% |
Summary: Homes in Clear Creek Township had an average of 116 days on market in Mar 2024, up by 43.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clear Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Clear Creek Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.