Is Pleasant Valley Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pleasant Valley Township has remained a Seller's Market.
Key Takeaway
Pleasant Valley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pleasant Valley Township, IA
How much do homes in Pleasant Valley Township, IA cost?
Median Sold Price
$339,760
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pleasant Valley Township have sold for 17.7% more than they did a year ago.
Summary: The median home sold price in Pleasant Valley Township was $339,760 in May 2024, up 17.7% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147K | $120K | -18.4% |
| 2 Bedrooms | $173K | $184.5K | +6.6% |
| 3 Bedrooms | $260K | $288.5K | +11.0% |
| 4 Bedrooms | $361.2K | $421K | +16.5% |
| 5+ Bedrooms | $590K | $547K | -7.3% |
Summary: Pleasant Valley Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.4%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes decreased by 7.3%.
Median Sold Price Compared To Nearby Cities
| Riverdale | $330K | $591K | +79.1% |
| Bettendorf | $287.5K | $349.8K | +21.7% |
| Pleasant Valley Township | $288.5K | $339.7K | +17.7% |
Housing Supply in Pleasant Valley Township, IA
How many homes are available in Pleasant Valley Township, IA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 182 | 201 | +10.4% |
Summary: The Pleasant Valley Township real estate market had 201 homes for sale in May 2024, a 10.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 27 | 35 | +29.6% |
| 3 Bedrooms | 69 | 70 | +1.4% |
| 4 Bedrooms | 53 | 54 | +1.9% |
| 5+ Bedrooms | 33 | 42 | +27.3% |
Summary: The Pleasant Valley Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 29.6%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 51 | 44 | -13.7% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pleasant Valley Township, you may be able to get a good deal. 38.6% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Pleasant Valley Township in May 2024, down by 13.7% month-over-month. Of the 44 sold homes, 39% were sold under asking, 30% were sold at asking, and 32% were sold over asking.
Days on Market for Pleasant Valley Township, IA
How long does it take to sell a home in Pleasant Valley Township, IA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 9 Days | 25 Days | +177.5% |
Summary: Homes in Pleasant Valley Township had an average of 25 days on market in May 2024, up by 177.5% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pleasant Valley Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 44 homes were sold in Pleasant Valley Township; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
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.