$7,000 Closing Credit*
$589,500
2,921 SqFt
4 Beds
•3 Full Baths
Daniel Seda, Listing Office: COLDWELL BANKER HEDGES
Is 52338, 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, 52338 has remained a Buyer's Market.
Key Takeaway
52338 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 52338, IA
How much do homes in 52338, IA cost?
Median Sold Price
$428,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$37,000(-8.0%)
Key Takeaway
Homes in 52338 have sold for 8% less than they did a year ago.
Summary: The median home sold price in 52338 was $428,000 in November 2024, down 8% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $550K | $245.1K | -55.4% |
| 3 Bedrooms | $267.5K | $260K | -2.8% |
| 4 Bedrooms | $550K | $524K | -4.7% |
| 5+ Bedrooms | $477K | $641.2K | +34.4% |
Summary: 52338 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 55.4%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 34.4%.
Median Sold Price Compared To Nearby Zip Codes
| 52228 | $296.5K | $324.9K | +9.6% |
| 52317 | $300K | $320K | +6.7% |
| 52338 | $465K | $428K | -8.0% |
Housing Supply in 52338, IA
How many homes are available in 52338, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Summary: The 52338 real estate market had 10 homes for sale in November 2024, a 23.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 52338 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 decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
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 52338, 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 52338 in November 2024, down by 50.0% 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 52338, IA
How long does it take to sell a home in 52338, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 28 Days | -17.6% |
Summary: Homes in 52338 had an average of 28 days on market in Nov 2024, down by 17.6% 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 52338 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 52338; 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.