Is Iola, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Iola was a Buyer's Market.
Housing Prices in Iola, TX
How much do homes in Iola, TX cost?
Median Sold Price
$368,750
$275/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Iola was $368,750 in April 2024, up 1.1% from last month, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $169.5K | $407.5K | +140.4% |
3 Bedrooms | $560K | $479.5K | -14.4% |
4 Bedrooms | - | $368.7K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Iola housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 140.4%, 3 bedroom homes decreased by 14.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Iola, TX
How many homes are available in Iola, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Summary: The Iola real estate market had 17 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Iola housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Iola in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Iola, TX
How long does it take to sell a home in Iola, TX?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 88 Days | +82.5% |
Summary: Homes in Iola had an average of 88 days on market in Apr 2024, up by 82.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Iola; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.