$5,580 Closing Credit*
$469,900
2,910 SqFt
4 Beds
•3 Full Baths
Dylan Robson, Listing Office: LEPIC-KROEGER, REALTORS
Is 52228, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 52228 was a Seller's Market.
Key Takeaway
52228 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 52228, IA
How much do homes in 52228, IA cost?
Median Sold Price
$324,950
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,200(+9.1%)
Key Takeaway
Homes in 52228 have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in 52228 was $324,950 in October 2024, up 9.1% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | - | N/A |
| 2 Bedrooms | $244.5K | $170K | -30.5% |
| 3 Bedrooms | $244.2K | $294K | +20.4% |
| 4 Bedrooms | $385K | $399K | +3.6% |
| 5+ Bedrooms | $520K | $521.6K | 0.3% |
Summary: 52228 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30.5%, 3 bedroom homes increased by 20.4%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Zip Codes
| 52228 | $297.7K | $324.9K | +9.1% |
| 52404 | $185K | $195.6K | +5.8% |
| 52338 | $410K | $428K | +4.4% |
Housing Supply in 52228, IA
How many homes are available in 52228, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Summary: The 52228 real estate market had 15 homes for sale in October 2024, a 25.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 52228 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 52228, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 52228 in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 52228, IA
How long does it take to sell a home in 52228, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 11 Days | -70.5% |
Summary: Homes in 52228 had an average of 11 days on market in Oct 2024, down by 70.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 52228 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 52228; 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.
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.