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 February 2022

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.

How much do homes in Jasper County, IA cost?

Median Sold Price

$165,351

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$8,404(+5.4%)

Key Takeaway

Homes in Jasper County have sold for 5.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $60.3K$87K
+44.2%
2 $110K$120K
+9.1%
3 $163K$173K
+6.1%
4 $220K$224.5K
+2.0%
5+ $182.9K$275K
+50.4%

Median Sold Price Compared To Nearby Counties

Marion County
+12.8%
Polk County
+6.1%
Jasper County
+5.4%

How many homes are available in Jasper County, IA?

Number of Homes For Sale

Jan 2023Feb 2023%
115108-6.1%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 52
-60.0%
2 2825
-10.7%
3 5355
+3.8%
4 2522
-12.0%
5+ 44
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
2428+16.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 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. 60.7% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
53 Days38 Days-27.7%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 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.

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

About Jasper County, IA

Homes for sale in Jasper County, IA have reached 108. The inventory of homes for sale in Jasper County, IA between January 2023 and February 2023 decreased by 6.1%. The median list price of listings available in February 2023 was $165,351, while the average time on the real estate market was 38 days. Real estate listing prices changed between January 2023 and February 2023: the cost of 1 bedroom properties went up by 44.2%, prices of 2 bedrooms properties increased by 9.1%, the cost of 3 bedrooms properties went up by 6.1%, 4 bedrooms properties became 2% more expensive, 5 bedrooms properties became 50.4% more expensive. This housing market inventory have changed: volume of 1 bedroom homes went down by 60%, volume of 2 bedrooms homes went down by 10.7%, 3 bedrooms homes became 3.8% more available, the quantity of 4 bedrooms homes went down by 12%, 5 bedrooms homes did not move. Jasper County, IA housing market in February 2023 saw over 4 listings sold above listed price, more than 7 sold at listed price and over 17 sold below.

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