Is 52411, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 52411 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 52411 was a Seller's Market.

Key Takeaway

52411 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 52411, IA

How much do homes in 52411, IA cost?

Median Sold Price

$397,495

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$62,505(-13.6%)

Key Takeaway

Homes in 52411 have sold for 13.6% less than they did a year ago.

Summary: The median home sold price in 52411 was $397,495 in October 2024, down 13.6% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$265K
N/A
2 $197K$282.5K
+43.4%
3 $369.9K$329.9K
-10.8%
4 $393.4K$374.9K
-4.7%
5+ $582.9K$557K
-4.5%

Summary: 52411 housing prices by bedroom type for October 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 10.8%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 4.5%.

Median Sold Price Compared To Nearby Zip Codes

52341
+86.6%
52328
+12.6%
52233
-1.3%
52411
-13.6%

Housing Supply in 52411, IA

How many homes are available in 52411, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7477+4.1%

Summary: The 52411 real estate market had 77 homes for sale in October 2024, a 4.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 2828
0.0%
4 3837
-2.6%
5+ 611
+83.3%

Summary: The 52411 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 83.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 52411, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 52411 in October 2024, down by 26.7% month-over-month. Of the 11 sold homes, 82% were sold under asking, 0% were sold at asking, and 18% 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

Oct 2023Oct 2024CHANGE
124 Days63 Days-49.1%

Summary: Homes in 52411 had an average of 63 days on market in Oct 2024, down by 49.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 52411 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 52411; 64% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 36% 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 5 Days Ago

Newest Listings in 52411, IA

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