Is Nevada Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Nevada Township was a Seller's Market.
Housing Prices in Nevada Township, IA
How much do homes in Nevada Township, IA cost?
Median Sold Price
$213,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Nevada Township was $213,000 in April 2024, up 4.9% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $150K | $168.4K | +12.3% |
3 Bedrooms | $198.6K | $224.7K | +13.2% |
4 Bedrooms | $265K | $240K | -9.4% |
5+ Bedrooms | $65K | $390K | +500.0% |
Summary: Nevada Township 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 12.3%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes increased by 500%.
Median Sold Price Compared To Nearby Cities
Nevada | $200K | $213K | +6.5% |
Nevada Township | $203K | $213K | +4.9% |
Indian Creek Township | $199K | $204K | +2.5% |
New Albany Township | $193K | $185K | -4.1% |
Housing Supply in Nevada Township, IA
How many homes are available in Nevada Township, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 18 | -14.3% |
Summary: The Nevada Township real estate market had 18 homes for sale in April 2024, a 14.3% 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 | 6 | 6 | 0.0% |
3 Bedrooms | 11 | 6 | -45.5% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Nevada Township 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 45.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 1 | -87.5% |
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 Nevada Township in April 2024, down by 87.5% month-over-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 Nevada Township, IA
How long does it take to sell a home in Nevada Township, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
3 Days | 2 Days | -36.8% |
Summary: Homes in Nevada Township had an average of 2 days on market in Apr 2024, down by 36.8% 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 April 2024, 1 homes were sold in Nevada Township; 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.