Is Bettendorf, 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, Bettendorf has remained a Seller's Market.
Key Takeaway
Bettendorf is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bettendorf, IA
How much do homes in Bettendorf, IA cost?
Median Sold Price
$349,800
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bettendorf have sold for 21.7% more than they did a year ago.
Summary: The median home sold price in Bettendorf was $349,800 in May 2024, up 21.7% 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 | $173.2K | $184.7K | +6.6% |
| 3 Bedrooms | $261K | $290K | +11.1% |
| 4 Bedrooms | $364K | $425.4K | +16.9% |
| 5+ Bedrooms | $585K | $550K | -6.0% |
Summary: Bettendorf 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 11.1%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes decreased by 6%.
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 Bettendorf, IA
How many homes are available in Bettendorf, IA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 177 | 194 | +9.6% |
Summary: The Bettendorf real estate market had 194 homes for sale in May 2024, a 9.6% 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 | 26 | 33 | +26.9% |
| 3 Bedrooms | 67 | 65 | -3.0% |
| 4 Bedrooms | 53 | 54 | +1.9% |
| 5+ Bedrooms | 31 | 42 | +35.5% |
Summary: The Bettendorf 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 26.9%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 35.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 50 | 45 | -10.0% |
Asking Price vs. Sold Price
18 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 Bettendorf, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in Bettendorf in May 2024, down by 10.0% month-over-month. Of the 45 sold homes, 40% were sold under asking, 29% were sold at asking, and 31% were sold over asking.
Days on Market for Bettendorf, IA
How long does it take to sell a home in Bettendorf, IA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 13 Days | 25 Days | +82.1% |
Summary: Homes in Bettendorf had an average of 25 days on market in May 2024, up by 82.1% compared to last year.
Breakdown of Home Sale Times
33 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 Bettendorf are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 45 homes were sold in Bettendorf; 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.