Is 52324, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 52324 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 52324 was a Buyer's Market.

Key Takeaway

52324 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 52324, IA

How much do homes in 52324, IA cost?

Median Sold Price

$230,889

$133/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$210,889(+1054.4%)

Key Takeaway

Homes in 52324 have sold for 1054.4% more than they did a month ago.

Summary: The median home sold price in 52324 was $230,889 in October 2024, up 1054.4% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $20K-
N/A
2 --
N/A
3 -$205.9K
N/A
4 -$291.7K
N/A
5+ --
N/A

Summary: 52324 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

52324
+1054.4%
52332
-65.9%

Housing Supply in 52324, IA

How many homes are available in 52324, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2226+18.2%

Summary: The 52324 real estate market had 26 homes for sale in October 2024, a 18.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 1619
+18.8%
4 46
+50.0%
5+ 11
0.0%

Summary: The 52324 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 52324, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 52324 in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 52324, IA

How long does it take to sell a home in 52324, IA?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 52324 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in 52324; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 52324, IA

Nearby Markets to 52324, IA