Is Poweshiek County, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Poweshiek County is a buyer's market

Buyer's
Market

Difference Since May 2022

At the same time last year, Poweshiek County was a Neutral Market.

Key Takeaway

Poweshiek County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Poweshiek County, IA cost?

Median Sold Price

$213,500

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$27,000(+14.5%)

Key Takeaway

Homes in Poweshiek County have sold for 14.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $146K$27.3K
-81.3%
2 $118.5K$154K
+30.0%
3 $190K$205.2K
+8.0%
4 $220K$265K
+20.5%
5+ $333K$262K
-21.3%

Median Sold Price Compared To Nearby Counties

Iowa County
+21.0%
Poweshiek County
+14.5%
Jasper County
+9.0%
Mahaska County
-0.1%

How many homes are available in Poweshiek County, IA?

Number of Homes For Sale

Apr 2023May 2023%
4239-7.1%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 23
+50.0%
2 86
-25.0%
3 1412
-14.3%
4 1211
-8.3%
5+ 67
+16.7%

Number of Homes Sold

Apr 2023May 2023%
75-28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Poweshiek County, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

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

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

Average Sale Time

May 2022May 2023%
52 Days21 Days-58.5%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Poweshiek County are selling fast, if you're buying plan to act quickly.

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

What housing markets are near Poweshiek County, IA?

About Poweshiek County, IA

Homes for sale in Poweshiek County, IA have reached 39. The inventory of homes for sale in Poweshiek County, IA between April 2023 and May 2023 decreased by 7.1%. While the average time on the market in May 2023 was 21 days, the median list price was $213,500. Real estate listing prices changed between April 2023 and May 2023: prices of 1 bedroom properties decreased by 81.3%, prices of 2 bedrooms properties increased by 30%, 3 bedrooms properties prices increased by 8%, 4 bedrooms properties became 20.5% more expensive, prices of 5 bedrooms properties went down by 21.3%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes increased by 50%, 2 bedrooms homes inventory decreased by 25%, number of 3 bedrooms homes decreased by 14.3%, 4 bedrooms homes became 8.3% less available, 5 bedrooms homes became 16.7% more available. Poweshiek County, IA housing market in May 2023 saw over 0 listings sold above listed price, more than 3 sold at listed price and over 2 sold below.