Is Vinton, 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, Vinton has remained a Seller's Market.
Key Takeaway
Vinton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vinton, IA
How much do homes in Vinton, IA cost?
Median Sold Price
$168,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Vinton have sold for 25% more than they did a year ago.
Summary: The median home sold price in Vinton was $168,000 in March 2024, up 25% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68K | $95K | +39.7% |
| 2 Bedrooms | $92.2K | $135K | +46.3% |
| 3 Bedrooms | $143.2K | $170K | +18.7% |
| 4 Bedrooms | $174.9K | $197.7K | +13.1% |
| 5+ Bedrooms | $263.7K | $340K | +28.9% |
Summary: Vinton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.7%, 2 bedroom homes increased by 46.3%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 28.9%.
Housing Supply in Vinton, IA
How many homes are available in Vinton, IA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The Vinton real estate market had 23 homes for sale in March 2024, a 4.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Vinton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Vinton, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Vinton in March 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Vinton, IA
How long does it take to sell a home in Vinton, IA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 132 Days | +144.1% |
Summary: Homes in Vinton had an average of 132 days on market in Mar 2024, up by 144.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Vinton are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 4 homes were sold in Vinton; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.