Is Lowden, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lowden is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Lowden, IA

How much do homes in Lowden, IA cost?

Median Sold Price

$154,900

$98/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$2,400(+1.6%)

Key Takeaway

Homes in Lowden have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in Lowden was $154,900 in April 2024, up 1.6% from last year, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $92.5K$107K
+15.7%
3 $162.5K$159.9K
-1.6%
4 $202K$168.9K
-16.3%
5+ --
N/A

Summary: Lowden housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lowden
+1.6%
Springfield Township
-1.3%

Housing Supply in Lowden, IA

How many homes are available in Lowden, IA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
65-16.7%

Summary: The Lowden real estate market had 5 homes for sale in April 2024, a 16.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 21
-50.0%
5+ 01
+100.0%

Summary: The Lowden 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lowden, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Lowden in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Lowden, IA

How long does it take to sell a home in Lowden, IA?

Average Sale Time

Apr 2023Apr 2024CHANGE
57 Days12 Days-78.4%

Summary: Homes in Lowden had an average of 12 days on market in Apr 2024, down by 78.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Lowden; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Lowden, IA

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