Is Poweshiek 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, Poweshiek Township was a Neutral Market.
Key Takeaway
Poweshiek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Poweshiek Township, IA
How much do homes in Poweshiek Township, IA cost?
Median Sold Price
$285,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Poweshiek Township have sold for 35.7% more than they did a year ago.
Summary: The median home sold price in Poweshiek Township was $285,000 in April 2024, up 35.7% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $228.5K | $104K | -54.5% |
| 3 Bedrooms | $205K | $321.5K | +56.8% |
| 4 Bedrooms | $191K | $265K | +38.7% |
| 5+ Bedrooms | - | $377K | N/A |
Summary: Poweshiek 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 decreased by 54.5%, 3 bedroom homes increased by 56.8%, 4 bedroom homes increased by 38.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Poweshiek Township | $210K | $285K | +35.7% |
| Colfax | $175K | $180.7K | +3.3% |
| Washington Township | $187.5K | $169K | -9.9% |
Housing Supply in Poweshiek Township, IA
How many homes are available in Poweshiek Township, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Summary: The Poweshiek Township real estate market had 1 homes for sale in April 2024, a 50.0% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Poweshiek 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Poweshiek Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Poweshiek Township in April 2024, the same as the previous 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 Poweshiek Township, IA
How long does it take to sell a home in Poweshiek Township, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 4 Days | 93 Days | +2225.0% |
Summary: Homes in Poweshiek Township had an average of 93 days on market in Apr 2024, up by 2225% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Poweshiek Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 1 homes were sold in Poweshiek Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
