Is Story County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
At the same time last year, Story County was a Neutral Market.
Key Takeaway
Story County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Story County, IA cost?
Median Sold Price
$254,818
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
+$9,492(+3.9%)
Key Takeaway
Homes in Story County have sold for 3.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $125K | $109.5K | -12.4% |
| 2 Bedrooms | $165K | $180K | +9.1% |
| 3 Bedrooms | $221.2K | $235K | +6.2% |
| 4 Bedrooms | $298.9K | $330K | +10.4% |
| 5+ Bedrooms | $407.7K | $449.9K | +10.3% |
Median Sold Price Compared To Nearby Counties
| Boone County | $159.4K | $180K | +12.9% |
| Polk County | $249.4K | $264.6K | +6.1% |
| Story County | $245.3K | $254.8K | +3.9% |
How many homes are available in Story County, IA?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 131 | 126 | -3.8% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 22 | 14 | -36.4% |
| 3 Bedrooms | 50 | 51 | +2.0% |
| 4 Bedrooms | 44 | 44 | 0.0% |
| 5+ Bedrooms | 14 | 17 | +21.4% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 21 | 23 | +9.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Story County, you may be able to get a good deal. 60.9% of homes here sold below asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 27 Days | 18 Days | -34.0% |
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Story County are selling fast, if you're buying plan to act quickly.
