Is Story 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, Story County has remained a Seller's Market.
Housing Prices in Story County, IA
How much do homes in Story County, IA cost?
Median Sold Price
$284,966
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Story County was $284,966 in April 2024, up 9.5% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | $127.5K | +15.9% |
2 Bedrooms | $180K | $178.5K | -0.8% |
3 Bedrooms | $238.6K | $259K | +8.5% |
4 Bedrooms | $330K | $358K | +8.5% |
5+ Bedrooms | $457.5K | $415.5K | -9.2% |
Summary: Story County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.9%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 9.2%.
Median Sold Price Compared To Nearby Counties
Story County | $260.3K | $284.9K | +9.5% |
Boone County | $182.9K | $196.8K | +7.7% |
Polk County | $265K | $280.6K | +5.9% |
Housing Supply in Story County, IA
How many homes are available in Story County, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
224 | 206 | -8.0% |
Summary: The Story County real estate market had 206 homes for sale in April 2024, a 8.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 22 | 23 | +4.5% |
3 Bedrooms | 78 | 72 | -7.7% |
4 Bedrooms | 86 | 73 | -15.1% |
5+ Bedrooms | 35 | 35 | 0.0% |
Summary: The Story 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 increased by 4.5%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 47 | -11.3% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Story County in April 2024, down by 11.3% month-over-month. Of the 47 sold homes, 70% were sold under asking, 13% were sold at asking, and 17% were sold over asking.
Days on Market for Story County, IA
How long does it take to sell a home in Story County, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 50 Days | +393.7% |
Summary: Homes in Story County had an average of 50 days on market in Apr 2024, up by 393.7% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 47 homes were sold in Story County; 62% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.