Is Hiawatha, 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, Hiawatha was a Neutral Market.
Housing Prices in Hiawatha, IA
How much do homes in Hiawatha, IA cost?
Median Sold Price
$235,000
$137/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Hiawatha was $235,000 in April 2024, down 12.5% from last month, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $142.7K | $125K | -12.4% |
3 Bedrooms | $222K | $255K | +14.9% |
4 Bedrooms | $354.9K | $299.2K | -15.7% |
5+ Bedrooms | - | - | N/A |
Summary: Hiawatha housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.4%, 3 bedroom homes increased by 14.9%, 4 bedroom homes decreased by 15.7%, and 5+ bedroom homes did not change.
Housing Supply in Hiawatha, IA
How many homes are available in Hiawatha, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 39 | +2.6% |
Summary: The Hiawatha real estate market had 39 homes for sale in April 2024, a 2.6% 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 | 3 | 2 | -33.3% |
3 Bedrooms | 10 | 14 | +40.0% |
4 Bedrooms | 22 | 19 | -13.6% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Hiawatha 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 decreased by 33.3%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Hiawatha in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Hiawatha, IA
How long does it take to sell a home in Hiawatha, IA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
128 Days | 88 Days | -31.6% |
Summary: Homes in Hiawatha had an average of 88 days on market in Apr 2024, down by 31.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Hiawatha; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.