Is Lucas County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Lucas County has remained a Buyer's Market.
Housing Prices in Lucas County, IA
How much do homes in Lucas County, IA cost?
Median Sold Price
$131,750
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Lucas County was $131,750 in February 2024, down 28.8% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $90K | $123K | +36.7% |
3 Bedrooms | $156.5K | $128.5K | -17.9% |
4 Bedrooms | $295K | $158K | -46.4% |
5+ Bedrooms | $260K | $10K | -96.2% |
Summary: Lucas County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.7%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 46.4%, and 5+ bedroom homes decreased by 96.2%.
Median Sold Price Compared To Nearby Counties
Marion County | $235K | $258.2K | +9.9% |
Lucas County | $185K | $131.7K | -28.8% |
Housing Supply in Lucas County, IA
How many homes are available in Lucas County, IA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
17 | 19 | +11.8% |
Summary: The Lucas County real estate market had 19 homes for sale in February 2024, a 11.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Lucas County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Lucas County in February 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Lucas County, IA
How long does it take to sell a home in Lucas County, IA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
21 Days | 26 Days | +23.8% |
Summary: Homes in Lucas County had an average of 26 days on market in Feb 2024, up by 23.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 1 homes were sold in Lucas County; 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.