Is Eldorado Township, 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, Eldorado Township has remained a Seller's Market.
Key Takeaway
Eldorado Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eldorado Township, IA
How much do homes in Eldorado Township, IA cost?
Median Sold Price
$190,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Eldorado Township have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Eldorado Township was $190,000 in March 2024, up 12.1% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $193K | $182K | -5.7% |
| 3 Bedrooms | $168K | $185K | +10.1% |
| 4 Bedrooms | $133.7K | $260.5K | +94.8% |
| 5+ Bedrooms | $352.2K | $272.5K | -22.6% |
Summary: Eldorado 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 decreased by 5.7%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 94.8%, and 5+ bedroom homes decreased by 22.6%.
Median Sold Price Compared To Nearby Cities
| Newhall | $169.5K | $193.4K | +14.1% |
| Eldorado Township | $169.5K | $190K | +12.1% |
| Fremont Township | $315K | $337K | +7.0% |
Housing Supply in Eldorado Township, IA
How many homes are available in Eldorado Township, IA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The Eldorado Township real estate market had 5 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Eldorado 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 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eldorado Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Eldorado Township in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Eldorado Township, IA
How long does it take to sell a home in Eldorado Township, IA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 2 Days | 73 Days | +3550.0% |
Summary: Homes in Eldorado Township had an average of 73 days on market in Mar 2024, up by 3550% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Eldorado Township has remained consistent over time.
Summary: During March 2024, 1 homes were sold in Eldorado Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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.