Is Jasper County, 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, Jasper County has remained a Seller's Market.
Housing Prices in Jasper County, IA
How much do homes in Jasper County, IA cost?
Median Sold Price
$184,062
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jasper County was $184,062 in May 2024, up 8.7% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $88.5K | $62.7K | -29.1% |
2 Bedrooms | $125K | $129.9K | +3.9% |
3 Bedrooms | $174.9K | $195K | +11.5% |
4 Bedrooms | $214.7K | $253.5K | +18.0% |
5+ Bedrooms | $280K | $377K | +34.6% |
Summary: Jasper County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.1%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 34.6%.
Median Sold Price Compared To Nearby Counties
Poweshiek County | $213.5K | $236K | +10.5% |
Jasper County | $169.3K | $184K | +8.7% |
Marion County | $244.8K | $263.9K | +7.8% |
Polk County | $270.5K | $283.3K | +4.7% |
Housing Supply in Jasper County, IA
How many homes are available in Jasper County, IA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
156 | 152 | -2.6% |
Summary: The Jasper County real estate market had 152 homes for sale in May 2024, a 2.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 37 | 35 | -5.4% |
3 Bedrooms | 71 | 65 | -8.5% |
4 Bedrooms | 37 | 37 | 0.0% |
5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The Jasper County 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 decreased by 5.4%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 37 | +2.8% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Jasper County in May 2024, up by 2.8% month-over-month. Of the 37 sold homes, 46% were sold under asking, 32% were sold at asking, and 22% were sold over asking.
Days on Market for Jasper County, IA
How long does it take to sell a home in Jasper County, IA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 35 Days | -11.3% |
Summary: Homes in Jasper County had an average of 35 days on market in May 2024, down by 11.3% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 37 homes were sold in Jasper County; 68% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.