$2,494 Closing Credit*
$210,000
1,141 SqFt
3 Beds
•1 Full Bath
Anthony Simon, Listing Office: Keller Williams Realty GDM
Is Spring Valley Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Spring Valley Township was a Seller's Market.
Key Takeaway
Spring Valley Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Spring Valley Township, IA
How much do homes in Spring Valley Township, IA cost?
Median Sold Price
$184,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$19,000(+11.5%)
Key Takeaway
Homes in Spring Valley Township have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Spring Valley Township was $184,000 in August 2024, up 11.5% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330K | $65K | -80.3% |
| 2 Bedrooms | $121.4K | $123K | +1.3% |
| 3 Bedrooms | $172K | $198K | +15.1% |
| 4 Bedrooms | $201.6K | $194.7K | -3.4% |
| 5+ Bedrooms | $377.5K | $219.4K | -41.9% |
Summary: Spring Valley Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 80.3%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 41.9%.
Median Sold Price Compared To Nearby Cities
| Spring Valley Township | $165K | $184K | +11.5% |
| Perry | $166.7K | $185.5K | +11.2% |
Housing Supply in Spring Valley Township, IA
How many homes are available in Spring Valley Township, IA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 24 | 21 | -12.5% |
Summary: The Spring Valley Township real estate market had 21 homes for sale in August 2024, a 12.5% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Spring Valley Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Valley Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Spring Valley Township in August 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Spring Valley Township, IA
How long does it take to sell a home in Spring Valley Township, IA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 4 Days | 7 Days | +76.9% |
Summary: Homes in Spring Valley Township had an average of 7 days on market in Aug 2024, up by 76.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Spring Valley Township are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 3 homes were sold in Spring Valley 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.
