$4,334 Closing Credit*
$365,000
1,752 SqFt
3 Beds
•3 Full Baths
Jill Armstrong, Listing Office: SKOGMAN REALTY
Is 52245, 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, 52245 has remained a Seller's Market.
Key Takeaway
52245 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 52245, IA
How much do homes in 52245, IA cost?
Median Sold Price
$315,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+5.0%)
Key Takeaway
Homes in 52245 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 52245 was $315,000 in November 2024, up 5% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | - | N/A |
| 2 Bedrooms | $227.5K | $215K | -5.5% |
| 3 Bedrooms | $285K | $275K | -3.5% |
| 4 Bedrooms | $390K | $378K | -3.1% |
| 5+ Bedrooms | $365.5K | $501K | +37.1% |
Summary: 52245 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 5.5%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 37.1%.
Median Sold Price Compared To Nearby Zip Codes
| 52245 | $300K | $315K | +5.0% |
| 52246 | $349.9K | $352.5K | +0.7% |
Housing Supply in 52245, IA
How many homes are available in 52245, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 44 | +7.3% |
Summary: The 52245 real estate market had 44 homes for sale in November 2024, a 7.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The 52245 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 increased by 50%, 3 bedroom homes increased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 9 | +200.0% |
Asking Price vs. Sold Price
8 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 52245, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 52245 in November 2024, up by 200.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for 52245, IA
How long does it take to sell a home in 52245, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 52 Days | +23.1% |
Summary: Homes in 52245 had an average of 52 days on market in Nov 2024, up by 23.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 52245 has remained consistent over time.
Summary: During November 2024, 9 homes were sold in 52245; 22% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% 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.