Is 52577, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 52577 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 52577 has remained a Seller's Market.

Key Takeaway

52577 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 52577, IA

How much do homes in 52577, IA cost?

Median Sold Price

$241,750

$177/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$61,697(+34.3%)

Key Takeaway

Homes in 52577 have sold for 34.3% more than they did a month ago.

Summary: The median home sold price in 52577 was $241,750 in October 2024, up 34.3% from last month, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $185.1K$225K
+21.6%
4 $175K$365K
+108.6%
5+ --
N/A

Summary: 52577 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 increased by 21.6%, 4 bedroom homes increased by 108.6%, and 5+ bedroom homes did not change.

Housing Supply in 52577, IA

How many homes are available in 52577, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86-25.0%

Summary: The 52577 real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 54
-20.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The 52577 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 increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 52577, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 52577 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 52577, IA

How long does it take to sell a home in 52577, IA?

Average Sale Time

Sep 2024Oct 2024CHANGE
1 Days21 Days+1316.7%

Summary: Homes in 52577 had an average of 21 days on market in Oct 2024, up by 1316.7% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 52577 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 52577; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 24 Days Ago

Newest Listings in 52577, IA

Nearby Markets to 52577, IA