$10,000 Closing Credit*
$969,900
3,790 SqFt
6 Beds
•3 Full Baths
Jeff Dill, Listing Office: LEPIC-KROEGER, REALTORS
Is 52245, 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, 52245 was a Seller's Market.
Key Takeaway
52245 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 52245, IA
How much do homes in 52245, IA cost?
Median Sold Price
$317,250
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,250(+5.8%)
Key Takeaway
Homes in 52245 have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in 52245 was $317,250 in October 2024, up 5.8% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $285K | -5.0% |
| 2 Bedrooms | $226.2K | $233K | +3.0% |
| 3 Bedrooms | $285K | $270K | -5.3% |
| 4 Bedrooms | $390K | $378K | -3.1% |
| 5+ Bedrooms | $365.5K | $501K | +37.1% |
Summary: 52245 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 37.1%.
Housing Supply in 52245, IA
How many homes are available in 52245, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 38 | +5.6% |
Summary: The 52245 real estate market had 38 homes for sale in October 2024, a 5.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 4 | -50.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The 52245 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 52245, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 52245 in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 71 Days | 38 Days | -46.2% |
Summary: Homes in 52245 had an average of 38 days on market in Oct 2024, down by 46.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 52245 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 52245; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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.