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 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

# BEDSOct 2023Oct 2024CHANGE
1 $149K$125K
-16.1%
2 $175K$187K
+6.9%
3 $275K$273.9K
-0.4%
4 $388K$405K
+4.4%
5+ $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%.

Median Sold Price Compared To Nearby Zip Codes

52807
+11.0%
61244
+9.8%
52722
+2.3%

Housing Supply in 52722, IA

How many homes are available in 52722, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
207220+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

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 3136
+16.1%
3 6367
+6.3%
4 6771
+6.0%
5+ 4546
+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 2024Oct 2024CHANGE
4053+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

Asking vs Sold - buyer

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 2023Oct 2024CHANGE
24 Days26 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

Breakdown of Home Sale Times

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 52722, IA

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