Is 52778, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 52778 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 52778 was a Buyer's Market.

Key Takeaway

52778 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 52778, IA

How much do homes in 52778, IA cost?

Median Sold Price

$168,000

$138/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$8,000(+5.0%)

Key Takeaway

Homes in 52778 have sold for 5% more than they did a month ago.

Summary: The median home sold price in 52778 was $168,000 in October 2024, up 5% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $160K-
N/A
3 -$237K
N/A
4 -$168K
N/A
5+ --
N/A

Summary: 52778 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 52778, IA

How many homes are available in 52778, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1112+9.1%

Summary: The 52778 real estate market had 12 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 66
0.0%
4 35
+66.7%
5+ 11
0.0%

Summary: The 52778 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 52778, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 52778 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 52778, IA

How long does it take to sell a home in 52778, IA?

Average Sale Time

Sep 2024Oct 2024CHANGE
8 Days6 Days-20.8%

Summary: Homes in 52778 had an average of 6 days on market in Oct 2024, down by 20.8% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 52778 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 52778; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in 52778, IA

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