Housing Prices in Marengo, IA

How much do homes in Marengo, IA cost?

Median List Price

$149,950

$105/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$10,250(+7.3%)

Key Takeaway

The list price of homes in Marengo has increased by 7.3% since last year.

Summary: The median home list price in Marengo was $149,950 in March 2024, up 7.3% from the previous year, and the median price per square foot was $105.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $36.5K-
N/A
2 $40K$129.9K
+224.9%
3 $139.9K$149.9K
+7.2%
4 $205K$174K
-15.1%
5+ $254.9K$99.9K
-60.8%

Summary: Marengo housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 224.9%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes decreased by 60.8%.

Median List Price Compared To Nearby Cities

Marengo
+7.3%
Marengo Township
+7.1%
Washington Township
+2.7%

Housing Supply in Marengo, IA

How many homes are available in Marengo, IA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
79+28.6%

Summary: The Marengo real estate market had 9 homes for sale in March 2024, a 28.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 23
+50.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Marengo housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Days on Market for Marengo, IA

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

Average Listing Age

Mar 2023Mar 2024CHANGE
109 Days62 Days-43.5%

Summary: Homes in Marengo had an average listing age of 62 days in Mar 2024, down by 43.5% compared to the previous year.

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

Report Updated 29 Days Ago

Newest Listings in Marengo, IA

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