Is Winfield Township, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winfield Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Winfield Township has remained a Seller's Market.

Key Takeaway

Winfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Winfield Township, IA

How much do homes in Winfield Township, IA cost?

Median Sold Price

$392,500

$132/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$23,500(+6.4%)

Key Takeaway

Homes in Winfield Township have sold for 6.4% more than they did a month ago.

Summary: The median home sold price in Winfield Township was $392,500 in May 2024, up 6.4% from last month, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $369K-
N/A
3 --
N/A
4 -$392.5K
N/A
5+ --
N/A

Summary: Winfield Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Winfield Township, IA

How many homes are available in Winfield Township, IA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
43-25.0%

Summary: The Winfield Township real estate market had 3 homes for sale in May 2024, a 25.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 00
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Winfield 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winfield Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Winfield Township in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Winfield Township, IA

How long does it take to sell a home in Winfield Township, IA?

Average Sale Time

Apr 2024May 2024CHANGE
3 Days48 Days+1516.7%

Summary: Homes in Winfield Township had an average of 48 days on market in May 2024, up by 1516.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Winfield Township has remained consistent over time.

Summary: During May 2024, 2 homes were sold in Winfield Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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