Is Winterset, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Winterset was a Buyer's Market.
Key Takeaway
Winterset is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winterset, IA
How much do homes in Winterset, IA cost?
Median Sold Price
$249,750
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Winterset have sold for 17.4% more than they did a year ago.
Summary: The median home sold price in Winterset was $249,750 in March 2024, up 17.4% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $259.9K | $113K | -56.5% |
| 2 Bedrooms | $174.5K | $192.2K | +10.2% |
| 3 Bedrooms | $190K | $260K | +36.8% |
| 4 Bedrooms | $325K | $276.7K | -14.8% |
| 5+ Bedrooms | $305K | $355K | +16.4% |
Summary: Winterset housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.5%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 36.8%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes increased by 16.4%.
Housing Supply in Winterset, IA
How many homes are available in Winterset, IA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 43 | 40 | -7.0% |
Summary: The Winterset real estate market had 40 homes for sale in March 2024, a 7.0% decrease 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 | 9 | 9 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 18 | 14 | -22.2% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Winterset 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 10 | +233.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Winterset, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Winterset in March 2024, up by 233.3% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for Winterset, IA
How long does it take to sell a home in Winterset, IA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 55 Days | 79 Days | +42.7% |
Summary: Homes in Winterset had an average of 79 days on market in Mar 2024, up by 42.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Winterset are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in Winterset; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
