Is 52742, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 52742 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 52742 has remained a Seller's Market.

Key Takeaway

52742 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 52742, IA

How much do homes in 52742, IA cost?

Median Sold Price

$245,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,750(+8.3%)

Key Takeaway

Homes in 52742 have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in 52742 was $245,000 in October 2024, up 8.3% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $186.1K$229K
+23.0%
3 $200K$225K
+12.5%
4 $252.5K$257.4K
+2.0%
5+ $260K$435K
+67.3%

Summary: 52742 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 23%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 67.3%.

Housing Supply in 52742, IA

How many homes are available in 52742, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2027+35.0%

Summary: The 52742 real estate market had 27 homes for sale in October 2024, a 35.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 69
+50.0%
4 712
+71.4%
5+ 12
+100.0%

Summary: The 52742 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 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
212+500.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 52742, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 52742 in October 2024, up by 500.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 52742, IA

How long does it take to sell a home in 52742, IA?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days13 Days-33.3%

Summary: Homes in 52742 had an average of 13 days on market in Oct 2024, down by 33.3% compared to last year.

Breakdown of Home Sale Times

11 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 52742 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 52742; 92% of homes were sold within 30 days, 8% 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 16 Days Ago

Newest Listings in 52742, IA

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