Is 52748, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 52748 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 52748 has remained a Seller's Market.

Key Takeaway

52748 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 52748, IA

How much do homes in 52748, IA cost?

Median Sold Price

$328,390

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$71,390(+27.8%)

Key Takeaway

Homes in 52748 have sold for 27.8% more than they did a year ago.

Summary: The median home sold price in 52748 was $328,390 in October 2024, up 27.8% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $157.9K$197.2K
+24.9%
3 $253K$334.2K
+32.1%
4 $334K$390K
+16.8%
5+ $442.2K$450K
+1.8%

Summary: 52748 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 24.9%, 3 bedroom homes increased by 32.1%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 1.8%.

Median Sold Price Compared To Nearby Zip Codes

52748
+27.8%
52807
+11.0%
52806
-2.1%

Housing Supply in 52748, IA

How many homes are available in 52748, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4746-2.1%

Summary: The 52748 real estate market had 46 homes for sale in October 2024, a 2.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1112
+9.1%
3 1614
-12.5%
4 1516
+6.7%
5+ 54
-20.0%

Summary: The 52748 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 9.1%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
89+12.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 52748, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 52748 in October 2024, up by 12.5% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for 52748, IA

How long does it take to sell a home in 52748, IA?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days27 Days+51.9%

Summary: Homes in 52748 had an average of 27 days on market in Oct 2024, up by 51.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 52748 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in 52748; 67% of homes were sold within 30 days, 22% 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 4 Days Ago

Newest Listings in 52748, IA

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