Is Iowa Colony, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Iowa Colony was a Seller's Market.
Housing Prices in Iowa Colony, TX
How much do homes in Iowa Colony, TX cost?
Median Sold Price
$445,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Iowa Colony was $445,000 in April 2024, up 2.5% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $325K | $227.1K | -30.1% |
3 Bedrooms | $377.5K | $339K | -10.2% |
4 Bedrooms | $440.5K | $452.5K | +2.7% |
5+ Bedrooms | $590K | $510K | -13.6% |
Summary: Iowa Colony housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30.1%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 13.6%.
Median Sold Price Compared To Nearby Cities
Manvel | $415K | $460K | +10.9% |
Alvin | $267.2K | $290.2K | +8.6% |
Alvin-Pearland | $350.1K | $359.5K | +2.7% |
Iowa Colony | $434.2K | $445K | +2.5% |
Rosharon | $345.9K | $337.3K | -2.5% |
Housing Supply in Iowa Colony, TX
How many homes are available in Iowa Colony, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 60 | +42.9% |
Summary: The Iowa Colony real estate market had 60 homes for sale in April 2024, a 42.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 22 | 35 | +59.1% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Iowa Colony 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 increased by 100%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 59.1%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 9 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Iowa Colony in April 2024, up by 200.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Iowa Colony, TX
How long does it take to sell a home in Iowa Colony, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 16 Days | -59.8% |
Summary: Homes in Iowa Colony had an average of 16 days on market in Apr 2024, down by 59.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Iowa Colony; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.