$2,138 Closing Credit*
$180,000
1,836 SqFt
4 Beds
•2 Full Baths
Kristie Freese, Listing Office: Keller Williams Legacy Group
Is 52401, 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, 52401 has remained a Seller's Market.
Key Takeaway
52401 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 52401, IA
How much do homes in 52401, IA cost?
Median Sold Price
$155,000
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,100(+24.1%)
Key Takeaway
Homes in 52401 have sold for 24.1% more than they did a year ago.
Summary: The median home sold price in 52401 was $155,000 in November 2024, up 24.1% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149K | $164K | +10.1% |
| 2 Bedrooms | $200.7K | $155K | -22.8% |
| 3 Bedrooms | $109.7K | $147.7K | +34.6% |
| 4 Bedrooms | $112.5K | $128K | +13.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 52401 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes decreased by 22.8%, 3 bedroom homes increased by 34.6%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes did not change.
Housing Supply in 52401, IA
How many homes are available in 52401, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Summary: The 52401 real estate market had 8 homes for sale in November 2024, a 27.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 52401 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 52401, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 52401 in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 52401, IA
How long does it take to sell a home in 52401, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 20 Days | +300.0% |
Summary: Homes in 52401 had an average of 20 days on market in Nov 2024, up by 300% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 52401 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 52401; 50% of homes were sold within 30 days, 50% 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.