Is 52722, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 52722 is a seller's market

Buyer's
Market

Difference Since November 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

$326,420

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,045(+0.3%)

Key Takeaway

The sold price of homes in 52722 has remained the same since last year.

Summary: The median home sold price in 52722 was $326,420 in November 2024, up 0.3% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $149K$125K
-16.1%
2 $175K$185.5K
+6.0%
3 $278K$275K
-1.1%
4 $394.9K$405K
+2.5%
5+ $560K$633.7K
+13.2%

Summary: 52722 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.1%, 2 bedroom homes increased by 6%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 13.2%.

Median Sold Price Compared To Nearby Zip Codes

52807
+12.0%
61244
+12.0%
52722
0.3%

Housing Supply in 52722, IA

How many homes are available in 52722, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
221216-2.3%

Summary: The 52722 real estate market had 216 homes for sale in November 2024, a 2.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3730
-18.9%
3 6876
+11.8%
4 6959
-14.5%
5+ 4751
+8.5%

Summary: The 52722 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.9%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes increased by 8.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5465+20.4%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 52722, you may be able to get a good deal. 55.4% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in 52722 in November 2024, up by 20.4% month-over-month. Of the 65 sold homes, 55% were sold under asking, 28% were sold at asking, and 17% 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

Nov 2023Nov 2024CHANGE
35 Days30 Days-14.2%

Summary: Homes in 52722 had an average of 30 days on market in Nov 2024, down by 14.2% compared to last year.

Breakdown of Home Sale Times

42 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 52722 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 65 homes were sold in 52722; 65% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 11% 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 22 Days Ago

Newest Listings in 52722, IA

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