Is Scott 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, Scott County has remained a Seller's Market.
Housing Prices in Scott County, IA
How much do homes in Scott County, IA cost?
Median Sold Price
$229,850
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Scott County was $229,850 in April 2024, up 10.9% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $54.7K | $72.2K | +32.0% |
2 Bedrooms | $135K | $155K | +14.8% |
3 Bedrooms | $198.3K | $212.6K | +7.2% |
4 Bedrooms | $282.2K | $315.8K | +11.9% |
5+ Bedrooms | $449K | $473K | +5.4% |
Summary: Scott County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Counties
Rock Island County | $133.4K | $148.6K | +11.4% |
Scott County | $207.3K | $229.8K | +10.9% |
Cedar County | $168K | $175K | +4.2% |
Clinton County | $146.4K | $145K | -1.0% |
Housing Supply in Scott County, IA
How many homes are available in Scott County, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
551 | 591 | +7.3% |
Summary: The Scott County real estate market had 591 homes for sale in April 2024, a 7.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 8 | +33.3% |
2 Bedrooms | 119 | 128 | +7.6% |
3 Bedrooms | 236 | 241 | +2.1% |
4 Bedrooms | 136 | 149 | +9.6% |
5+ Bedrooms | 54 | 65 | +20.4% |
Summary: The Scott County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 20.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
150 | 160 | +6.7% |
Asking Price vs. Sold Price
64 Homes Were Sold
Under Asking
40 Homes Were Sold
At Asking
56 Homes Were Sold
Over Asking
Summary: A total of 160 homes were sold or pending in Scott County in April 2024, up by 6.7% month-over-month. Of the 160 sold homes, 40% were sold under asking, 25% were sold at asking, and 35% were sold over asking.
Days on Market for Scott County, IA
How long does it take to sell a home in Scott County, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 30 Days | +21.8% |
Summary: Homes in Scott County had an average of 30 days on market in Apr 2024, up by 21.8% compared to last year.
Breakdown of Home Sale Times
123 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During April 2024, 160 homes were sold in Scott County; 77% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.