Is Linn Township, 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, Linn Township has remained a Seller's Market.
Housing Prices in Linn Township, IA
How much do homes in Linn Township, IA cost?
Median Sold Price
$330,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Linn Township was $330,000 in April 2024, up 6.6% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $316.6K | - | N/A |
2 Bedrooms | $190K | $199K | +4.7% |
3 Bedrooms | $239.9K | $274.7K | +14.5% |
4 Bedrooms | $475K | $394.5K | -16.9% |
5+ Bedrooms | $597K | $538.8K | -9.7% |
Summary: Linn Township 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 increased by 4.7%, 3 bedroom homes increased by 14.5%, 4 bedroom homes decreased by 16.9%, and 5+ bedroom homes decreased by 9.7%.
Median Sold Price Compared To Nearby Cities
Bloomfield Township | $190.4K | $215K | +12.9% |
Norwalk | $301.7K | $325.5K | +7.9% |
Linn Township | $309.5K | $330K | +6.6% |
Cumming | $583.7K | $515K | -11.8% |
Housing Supply in Linn Township, IA
How many homes are available in Linn Township, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
103 | 103 | 0.0% |
Summary: The Linn Township real estate market had 103 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 | 7 | 9 | +28.6% |
3 Bedrooms | 38 | 39 | +2.6% |
4 Bedrooms | 45 | 41 | -8.9% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Linn Township 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 28.6%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 18 | +12.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Linn Township in April 2024, up by 12.5% month-over-month. Of the 18 sold homes, 56% were sold under asking, 39% were sold at asking, and 6% were sold over asking.
Days on Market for Linn Township, IA
How long does it take to sell a home in Linn Township, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
86 Days | 64 Days | -24.8% |
Summary: Homes in Linn Township had an average of 64 days on market in Apr 2024, down by 24.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Linn Township; 61% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.