$265,000
0.51 Acres
Land
Drake Hunter, Listing Office: RE/MAX Concepts Bettendorf
Is 52722, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 52722 has remained a Seller's Market.
Key Takeaway
52722 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 52722, IA
How much do homes in 52722, IA cost?
Median Sold Price
$327,221
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,344(+2.3%)
Key Takeaway
Homes in 52722 have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in 52722 was $327,221 in October 2024, up 2.3% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149K | $125K | -16.1% |
| 2 Bedrooms | $175K | $187K | +6.9% |
| 3 Bedrooms | $275K | $273.9K | -0.4% |
| 4 Bedrooms | $388K | $405K | +4.4% |
| 5+ Bedrooms | $560K | $649.9K | +16.1% |
Summary: 52722 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.1%, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 16.1%.
Housing Supply in 52722, IA
How many homes are available in 52722, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 207 | 220 | +6.3% |
Summary: The 52722 real estate market had 220 homes for sale in October 2024, a 6.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 31 | 36 | +16.1% |
| 3 Bedrooms | 63 | 67 | +6.3% |
| 4 Bedrooms | 67 | 71 | +6.0% |
| 5+ Bedrooms | 45 | 46 | +2.2% |
Summary: The 52722 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 2.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 53 | +32.5% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 52722, you may be able to get a good deal. 58.5% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in 52722 in October 2024, up by 32.5% month-over-month. Of the 53 sold homes, 58% were sold under asking, 26% were sold at asking, and 15% were sold over asking.
Days on Market for 52722, IA
How long does it take to sell a home in 52722, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 26 Days | +5.0% |
Summary: Homes in 52722 had an average of 26 days on market in Oct 2024, up by 5% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 52722 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 53 homes were sold in 52722; 70% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.