Is Cedar County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cedar County has remained a Seller's Market.
Housing Prices in Cedar County, IA
How much do homes in Cedar County, IA cost?
Median Sold Price
$175,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cedar County was $175,000 in April 2024, up 4.2% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $70K | -44.0% |
2 Bedrooms | $127.5K | $140.2K | +10.0% |
3 Bedrooms | $155K | $174.2K | +12.4% |
4 Bedrooms | $247.5K | $240K | -3.0% |
5+ Bedrooms | $352K | $375.5K | +6.7% |
Summary: Cedar County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Counties
Jones County | $160K | $180K | +12.5% |
Scott County | $207.3K | $229.8K | +10.9% |
Johnson County | $289.9K | $320K | +10.4% |
Cedar County | $168K | $175K | +4.2% |
Clinton County | $146.4K | $145K | -1.0% |
Housing Supply in Cedar County, IA
How many homes are available in Cedar County, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 58 | -4.9% |
Summary: The Cedar County real estate market had 58 homes for sale in April 2024, a 4.9% decrease 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 | 6 | 6 | 0.0% |
3 Bedrooms | 22 | 23 | +4.5% |
4 Bedrooms | 26 | 21 | -19.2% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Cedar County 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 remained the same, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 24 | +140.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Cedar County in April 2024, up by 140.0% month-over-month. Of the 24 sold homes, 71% were sold under asking, 21% were sold at asking, and 8% were sold over asking.
Days on Market for Cedar County, IA
How long does it take to sell a home in Cedar County, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 48 Days | +10.8% |
Summary: Homes in Cedar County had an average of 48 days on market in Apr 2024, up by 10.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Cedar County; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.