Is Jasper County, 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, Jasper County has remained a Seller's Market.
Housing Prices in Jasper County, IA
How much do homes in Jasper County, IA cost?
Median Sold Price
$180,066
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jasper County was $180,066 in March 2024, up 7.3% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | $62K | -31.1% |
2 Bedrooms | $124K | $127K | +2.4% |
3 Bedrooms | $175.1K | $190.9K | +9.1% |
4 Bedrooms | $220K | $248K | +12.7% |
5+ Bedrooms | $277.5K | $408K | +47.0% |
Summary: Jasper County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.1%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 47%.
Median Sold Price Compared To Nearby Counties
Poweshiek County | $207K | $243.5K | +17.6% |
Marion County | $235K | $257K | +9.4% |
Jasper County | $167.7K | $180K | +7.3% |
Polk County | $264.4K | $279.9K | +5.9% |
Housing Supply in Jasper County, IA
How many homes are available in Jasper County, IA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
129 | 136 | +5.4% |
Summary: The Jasper County real estate market had 136 homes for sale in March 2024, a 5.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 34 | 31 | -8.8% |
3 Bedrooms | 54 | 62 | +14.8% |
4 Bedrooms | 31 | 34 | +9.7% |
5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Jasper County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 24 | 0.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Jasper County in March 2024, the same as the previous month. Of the 24 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Jasper County, IA
How long does it take to sell a home in Jasper County, IA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 53 Days | +66.2% |
Summary: Homes in Jasper County had an average of 53 days on market in Mar 2024, up by 66.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in Jasper County; 63% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.