$5,758 Closing Credit*
$484,900
2,241 SqFt
3 Beds
•2 Full Baths, 1 Partial
Michael Bails, Listing Office: Urban Acres Real Estate Corridor
Is 52241, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 52241 was a Seller's Market.
Key Takeaway
52241 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 52241, IA
How much do homes in 52241, IA cost?
Median Sold Price
$362,990
$165/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$47,000(-11.5%)
Key Takeaway
Homes in 52241 have sold for 11.5% less than they did a month ago.
Summary: The median home sold price in 52241 was $362,990 in November 2024, down 11.5% from last month, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $217.3K | $276K | +27.0% |
| 3 Bedrooms | $349.9K | $351.2K | 0.4% |
| 4 Bedrooms | $431.9K | $362.9K | -16.0% |
| 5+ Bedrooms | $492K | $530K | +7.7% |
Summary: 52241 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 7.7%.
Housing Supply in 52241, IA
How many homes are available in 52241, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 | 63 | -16.0% |
Summary: The 52241 real estate market had 63 homes for sale in November 2024, a 16.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 21 | 19 | -9.5% |
| 4 Bedrooms | 29 | 23 | -20.7% |
| 5+ Bedrooms | 17 | 12 | -29.4% |
Summary: The 52241 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes decreased by 29.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 5 | -70.6% |
Asking Price vs. Sold Price
4 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 52241, 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 52241 in November 2024, down by 70.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for 52241, IA
How long does it take to sell a home in 52241, IA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 Days | 117 Days | +73.7% |
Summary: Homes in 52241 had an average of 117 days on market in Nov 2024, up by 73.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 52241 has remained consistent over time.
Summary: During November 2024, 5 homes were sold in 52241; 0% of homes were sold within 30 days, 80% 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.