Is Marengo Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Marengo Township has remained a Seller's Market.
Housing Prices in Marengo Township, IA
How much do homes in Marengo Township, IA cost?
Median Sold Price
$154,100
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Marengo Township was $154,100 in June 2024, up 2.8% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $92.6K | - | N/A |
2 Bedrooms | $125K | $130K | +4.0% |
3 Bedrooms | $137.5K | $156K | +13.5% |
4 Bedrooms | $209.5K | $150.9K | -27.9% |
5+ Bedrooms | $320K | $92.5K | -71.1% |
Summary: Marengo Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 27.9%, and 5+ bedroom homes decreased by 71.1%.
Median Sold Price Compared To Nearby Cities
Marengo Township | $149.9K | $154.1K | +2.8% |
Marengo | $149.9K | $154.1K | +2.8% |
Washington Township | $189.9K | $165K | -13.1% |
Housing Supply in Marengo Township, IA
How many homes are available in Marengo Township, IA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
9 | 4 | -55.6% |
Summary: The Marengo Township real estate market had 4 homes for sale in June 2024, a 55.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 4 | 1 | -75.0% |
4 Bedrooms | 3 | 1 | -66.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Marengo Township housing inventory by bedroom type for June 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 75%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Marengo Township in June 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Marengo Township, IA
How long does it take to sell a home in Marengo Township, IA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
39 Days | 35 Days | -11.8% |
Summary: Homes in Marengo Township had an average of 35 days on market in Jun 2024, down by 11.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 1 homes were sold in Marengo Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.