Is Scott County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Scott County has remained a Seller's Market.
Housing Prices in Scott County, IA
How much do homes in Scott County, IA cost?
Median Sold Price
$226,298
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Scott County was $226,298 in March 2024, up 10.2% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | $72.2K | +20.4% |
2 Bedrooms | $135K | $152.3K | +12.9% |
3 Bedrooms | $195.3K | $205.4K | +5.2% |
4 Bedrooms | $279.8K | $315.6K | +12.8% |
5+ Bedrooms | $445K | $475K | +6.7% |
Summary: Scott County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.4%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Counties
Rock Island County | $130.2K | $149.8K | +15.0% |
Scott County | $205.3K | $226.2K | +10.2% |
Cedar County | $164.5K | $180K | +9.4% |
Clinton County | $144.2K | $145K | 0.5% |
Housing Supply in Scott County, IA
How many homes are available in Scott County, IA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
515 | 542 | +5.2% |
Summary: The Scott County real estate market had 542 homes for sale in March 2024, a 5.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 6 | +100.0% |
2 Bedrooms | 107 | 115 | +7.5% |
3 Bedrooms | 241 | 229 | -5.0% |
4 Bedrooms | 123 | 139 | +13.0% |
5+ Bedrooms | 41 | 53 | +29.3% |
Summary: The Scott County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.5%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 29.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
121 | 146 | +20.7% |
Asking Price vs. Sold Price
70 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
44 Homes Were Sold
Over Asking
Summary: A total of 146 homes were sold or pending in Scott County in March 2024, up by 20.7% month-over-month. Of the 146 sold homes, 48% were sold under asking, 22% were sold at asking, and 30% were sold over asking.
Days on Market for Scott County, IA
How long does it take to sell a home in Scott County, IA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 28 Days | -4.1% |
Summary: Homes in Scott County had an average of 28 days on market in Mar 2024, down by 4.1% compared to last year.
Breakdown of Home Sale Times
108 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During March 2024, 146 homes were sold in Scott County; 74% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.