$5,578 Closing Credit*
$469,750
2,418 SqFt
3 Beds
•3 Baths
Ralph E. Spencer, Listing Office: Ed Spencer Real Estate & Aucti
Is 51555, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 51555 has remained a Seller's Market.
Key Takeaway
51555 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 51555, IA
How much do homes in 51555, IA cost?
Median Sold Price
$395,000
$170/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$53,000(+15.5%)
Key Takeaway
Homes in 51555 have sold for 15.5% more than they did a month ago.
Summary: The median home sold price in 51555 was $395,000 in December 2024, up 15.5% from last month, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $185K | $230K | +24.3% |
| 4 Bedrooms | - | $450K | N/A |
| 5+ Bedrooms | $499K | $555K | +11.2% |
Summary: 51555 housing prices by bedroom type for December 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 increased by 24.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 11.2%.
Housing Supply in 51555, IA
How many homes are available in 51555, IA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Summary: The 51555 real estate market had 8 homes for sale in December 2024, a 27.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 51555 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 51555, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 51555 in December 2024, up by 150.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 51555, IA
How long does it take to sell a home in 51555, IA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 39 Days | 14 Days | -64.1% |
Summary: Homes in 51555 had an average of 14 days on market in Dec 2024, down by 64.1% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 51555 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in 51555; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.