Is Jasper 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, Jasper County has remained a Seller's Market.
Key Takeaway
Jasper County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jasper County, IA
How much do homes in Jasper County, IA cost?
Median Sold Price
$184,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Jasper County have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in Jasper County was $184,000 in April 2024, up 8.4% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $62.2K | -30.8% |
| 2 Bedrooms | $122K | $127K | +4.1% |
| 3 Bedrooms | $175K | $194K | +10.9% |
| 4 Bedrooms | $215K | $249.9K | +16.3% |
| 5+ Bedrooms | $277.5K | $411.5K | +48.3% |
Summary: Jasper County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.8%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 48.3%.
Median Sold Price Compared To Nearby Counties
| Marion County | $235K | $255K | +8.5% |
| Jasper County | $169.6K | $184K | +8.4% |
| Poweshiek County | $214.5K | $227.5K | +6.1% |
| Polk County | $265K | $280.6K | +5.9% |
Housing Supply in Jasper County, IA
How many homes are available in Jasper County, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 146 | 140 | -4.1% |
Summary: The Jasper County real estate market had 140 homes for sale in April 2024, a 4.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 33 | 36 | +9.1% |
| 3 Bedrooms | 66 | 61 | -7.6% |
| 4 Bedrooms | 36 | 32 | -11.1% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Jasper County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 31 | +14.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jasper County, you may be able to get a good deal. 41.9% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Jasper County in April 2024, up by 14.8% month-over-month. Of the 31 sold homes, 42% were sold under asking, 23% were sold at asking, and 35% were sold over asking.
Days on Market for Jasper County, IA
How long does it take to sell a home in Jasper County, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 52 Days | +160.0% |
Summary: Homes in Jasper County had an average of 52 days on market in Apr 2024, up by 160% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jasper County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 31 homes were sold in Jasper County; 61% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.