Is Warren County, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warren County is a neutral's market

Buyer's
Market

Difference Since April 2022

At the same time last year, Warren County was a Seller's Market.

Key Takeaway

Warren County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Warren County, IA cost?

Median Sold Price

$284,480

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2022

+$18,664(+7.0%)

Key Takeaway

Homes in Warren County have sold for 7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $118.5K$110K
-7.2%
2 $175K$189.9K
+8.5%
3 $244.9K$250.3K
+2.2%
4 $330.5K$368.7K
+11.6%
5+ $445K$550.8K
+23.8%

Median Sold Price Compared To Nearby Counties

Warren County
+7.0%
Marion County
+6.7%
Polk County
+4.5%
Madison County
-1.4%

How many homes are available in Warren County, IA?

Number of Homes For Sale

Mar 2023Apr 2023%
277285+2.9%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 01
+100.0%
2 2522
-12.0%
3 112114
+1.8%
4 113113
0.0%
5+ 2735
+29.6%

Number of Homes Sold

Mar 2023Apr 2023%
3746+24.3%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warren County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Apr 2022Apr 2023%
37 Days58 Days+57.6%

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Warren County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Warren County, IA

Warren County, IA has 285 homes on the market. The number of listings in Warren County, IA increased by 2.9% between March 2023 and April 2023. While the average time on the market in April 2023 was 58 days, the median list price was $284,480. This housing market listing prices have changed between March 2023 and April 2023: 1 bedroom properties became 7.2% more cheaper, 2 bedrooms properties prices increased by 8.5%, prices of 3 bedrooms properties went up by 2.2%, prices of 4 bedrooms properties increased by 11.6%, 5 bedrooms properties prices increased by 23.8%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory increased by 100%, the quantity of 2 bedrooms homes went down by 12%, 3 bedrooms homes became 1.8% more available, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes went up by 29.6%. Warren County, IA housing market in April 2023 saw over 9 listings sold above listed price, more than 14 sold at listed price and over 23 sold below.

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