Is Jasper County, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jasper County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Jasper County has remained a Seller's Market.

Key Takeaway

Jasper County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jasper County, IA

How much do homes in Jasper County, IA cost?

Median Sold Price

$184,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$14,313(+8.4%)

Key Takeaway

Homes in Jasper County have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Jasper County was $184,000 in April 2024, up 8.4% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $90K$62.2K
-30.8%
2 $122K$127K
+4.1%
3 $175K$194K
+10.9%
4 $215K$249.9K
+16.3%
5+ $277.5K$411.5K
+48.3%

Summary: Jasper County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.8%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 48.3%.

Median Sold Price Compared To Nearby Counties

Marion County
+8.5%
Jasper County
+8.4%
Poweshiek County
+6.1%
Polk County
+5.9%

Housing Supply in Jasper County, IA

How many homes are available in Jasper County, IA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
146140-4.1%

Summary: The Jasper County real estate market had 140 homes for sale in April 2024, a 4.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 43
-25.0%
2 3336
+9.1%
3 6661
-7.6%
4 3632
-11.1%
5+ 78
+14.3%

Summary: The Jasper County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2731+14.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jasper County, you may be able to get a good deal. 41.9% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Jasper County in April 2024, up by 14.8% month-over-month. Of the 31 sold homes, 42% were sold under asking, 23% were sold at asking, and 35% 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

Apr 2023Apr 2024CHANGE
20 Days52 Days+160.0%

Summary: Homes in Jasper County had an average of 52 days on market in Apr 2024, up by 160% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jasper County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 31 homes were sold in Jasper County; 61% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Jasper County, IA

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