Is Knoxville Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Knoxville Township has remained a Seller's Market.
Key Takeaway
Knoxville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Knoxville Township, IA
How much do homes in Knoxville Township, IA cost?
Median Sold Price
$186,900
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Knoxville Township have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Knoxville Township was $186,900 in April 2024, up 9.3% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45K | $104.1K | +131.5% |
| 2 Bedrooms | $115K | $120K | +4.3% |
| 3 Bedrooms | $173.5K | $200K | +15.3% |
| 4 Bedrooms | $230K | $250.5K | +8.9% |
| 5+ Bedrooms | $285K | $208.3K | -26.9% |
Summary: Knoxville Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 131.5%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 26.9%.
Median Sold Price Compared To Nearby Cities
| Knoxville | $165K | $186.9K | +13.3% |
| Knoxville Township | $171K | $186.9K | +9.3% |
Housing Supply in Knoxville Township, IA
How many homes are available in Knoxville Township, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 53 | 48 | -9.4% |
Summary: The Knoxville Township real estate market had 48 homes for sale in April 2024, a 9.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 17 | 9 | -47.1% |
| 3 Bedrooms | 24 | 27 | +12.5% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Knoxville Township 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 47.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Knoxville Township, you may be able to get a good deal. 90.9% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Knoxville Township in April 2024, down by 31.3% month-over-month. Of the 11 sold homes, 91% were sold under asking, 0% were sold at asking, and 9% were sold over asking.
Days on Market for Knoxville Township, IA
How long does it take to sell a home in Knoxville Township, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 30 Days | 27 Days | -11.5% |
Summary: Homes in Knoxville Township had an average of 27 days on market in Apr 2024, down by 11.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Knoxville Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in Knoxville Township; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
