$861 Closing Credit*
$72,500
1,320 SqFt
3 Beds
•2 Full Baths
Rosekrans Stines Team, Listing Office: RE/MAX CONCEPTS
Is 52205, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 52205 has remained a Seller's Market.
Key Takeaway
52205 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 52205, IA
How much do homes in 52205, IA cost?
Median Sold Price
$205,250
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$45,250(-18.1%)
Key Takeaway
Homes in 52205 have sold for 18.1% less than they did a year ago.
Summary: The median home sold price in 52205 was $205,250 in November 2024, down 18.1% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.5K | - | N/A |
| 2 Bedrooms | $200K | $162.7K | -18.6% |
| 3 Bedrooms | $198.2K | $170K | -14.2% |
| 4 Bedrooms | $285K | $282.5K | -0.9% |
| 5+ Bedrooms | $395.5K | $524.5K | +32.6% |
Summary: 52205 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.6%, 3 bedroom homes decreased by 14.2%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 32.6%.
Housing Supply in 52205, IA
How many homes are available in 52205, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 22 | -15.4% |
Summary: The 52205 real estate market had 22 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 52205 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 52205, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 52205 in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 52205, IA
How long does it take to sell a home in 52205, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 60 Days | +401.7% |
Summary: Homes in 52205 had an average of 60 days on market in Nov 2024, up by 401.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 52205 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 52205; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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.