Is Muscatine, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Muscatine has remained a Seller's Market.
Housing Prices in Muscatine, IA
How much do homes in Muscatine, IA cost?
Median Sold Price
$170,000
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Muscatine was $170,000 in April 2024, down 0.3% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $46K | $60K | +30.4% |
2 Bedrooms | $125K | $138K | +10.4% |
3 Bedrooms | $167.5K | $165K | -1.5% |
4 Bedrooms | $242.4K | $235K | -3.1% |
5+ Bedrooms | $615.9K | $910K | +47.7% |
Summary: Muscatine housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.4%, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 47.7%.
Median Sold Price Compared To Nearby Cities
Muscatine | $170.5K | $170K | -0.3% |
Bloomington Township | $172.5K | $165K | -4.4% |
Illinois City | $233.5K | $209.9K | -10.1% |
Drury Township | $269K | $215.5K | -19.9% |
Housing Supply in Muscatine, IA
How many homes are available in Muscatine, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 16 | -5.9% |
Summary: The Muscatine real estate market had 16 homes for sale in April 2024, a 5.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 1 | -66.7% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Muscatine 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 decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Muscatine in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Muscatine, IA
How long does it take to sell a home in Muscatine, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
77 Days | 40 Days | -48.1% |
Summary: Homes in Muscatine had an average of 40 days on market in Apr 2024, down by 48.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Muscatine; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.