Is Linn County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
Since last year, Linn County has remained a Seller's Market.
Key Takeaway
Linn County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Linn County, IA cost?
Median Sold Price
$193,891
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
+$8,899(+4.8%)
Key Takeaway
Homes in Linn County have sold for 4.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $82K | $79K | -3.7% |
| 2 Bedrooms | $130K | $135.9K | +4.5% |
| 3 Bedrooms | $175K | $187.7K | +7.3% |
| 4 Bedrooms | $260K | $275K | +5.8% |
| 5+ Bedrooms | $407.5K | $430K | +5.5% |
Median Sold Price Compared To Nearby Counties
| Benton County | $150.4K | $170K | +13.0% |
| Linn County | $184.9K | $193.8K | +4.8% |
| Jones County | $150K | $155K | +3.3% |
| Cedar County | $160.5K | $165K | +2.8% |
| Johnson County | $282.8K | $284.9K | +0.8% |
How many homes are available in Linn County, IA?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 705 | 654 | -7.2% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 11 | 12 | +9.1% |
| 2 Bedrooms | 150 | 152 | +1.3% |
| 3 Bedrooms | 325 | 288 | -11.4% |
| 4 Bedrooms | 155 | 137 | -11.6% |
| 5+ Bedrooms | 64 | 65 | +1.6% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 156 | 139 | -10.9% |
Asking Price vs. Sold Price
92 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Linn County, you may be able to get a good deal. 66.2% of homes here sold below asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 39 Days | 42 Days | +7.7% |
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
56 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Linn County are selling fast, if you're buying plan to act quickly.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.