$8,253 Closing Credit*
$695,000
4,335 SqFt
4 Beds
•4 Full Baths, 1 Partial
Debra Callahan, Listing Office: RE/MAX CONCEPTS
Is 52411, 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, 52411 has remained a Buyer's Market.
Key Takeaway
52411 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 52411, IA
How much do homes in 52411, IA cost?
Median Sold Price
$404,500
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$52,300(-11.4%)
Key Takeaway
Homes in 52411 have sold for 11.4% less than they did a year ago.
Summary: The median home sold price in 52411 was $404,500 in November 2024, down 11.4% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $265K | N/A |
| 2 Bedrooms | $197K | $282.5K | +43.4% |
| 3 Bedrooms | $365K | $334.9K | -8.2% |
| 4 Bedrooms | $387K | $389.4K | +0.6% |
| 5+ Bedrooms | $582.9K | $553.5K | -5.1% |
Summary: 52411 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 increased by 43.4%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 5.1%.
Median Sold Price Compared To Nearby Zip Codes
| 52328 | $347.1K | $415K | +19.6% |
| 52411 | $456.8K | $404.5K | -11.4% |
| 52233 | $244K | $215K | -11.9% |
Housing Supply in 52411, IA
How many homes are available in 52411, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 73 | 59 | -19.2% |
Summary: The 52411 real estate market had 59 homes for sale in November 2024, a 19.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 27 | 21 | -22.2% |
| 4 Bedrooms | 37 | 32 | -13.5% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The 52411 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 52411, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 52411 in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 52411, IA
How long does it take to sell a home in 52411, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 39 Days | +143.8% |
Summary: Homes in 52411 had an average of 39 days on market in Nov 2024, up by 143.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 52411 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 52411; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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.