Is 52802, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 52802 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 52802 has remained a Seller's Market.

Key Takeaway

52802 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 52802, IA

How much do homes in 52802, IA cost?

Median Sold Price

$106,750

$86/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,850(+20.1%)

Key Takeaway

Homes in 52802 have sold for 20.1% more than they did a year ago.

Summary: The median home sold price in 52802 was $106,750 in October 2024, up 20.1% from last year, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $22.5K$34.9K
+55.1%
2 $87.9K$99K
+12.6%
3 $93.4K$117.5K
+25.7%
4 $91.5K$130K
+41.9%
5+ $115K$300K
+160.9%

Summary: 52802 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.1%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 25.7%, 4 bedroom homes increased by 41.9%, and 5+ bedroom homes increased by 160.9%.

Median Sold Price Compared To Nearby Zip Codes

52802
+20.1%
61201
+9.5%
52803
+7.9%
52804
+1.4%

Housing Supply in 52802, IA

How many homes are available in 52802, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4044+10.0%

Summary: The 52802 real estate market had 44 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1112
+9.1%
3 1919
0.0%
4 58
+60.0%
5+ 44
0.0%

Summary: The 52802 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 remained the same, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 52802, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 52802 in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.

Days on Market for 52802, IA

How long does it take to sell a home in 52802, IA?

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days12 Days+55.8%

Summary: Homes in 52802 had an average of 12 days on market in Oct 2024, up by 55.8% compared to last year.

Breakdown of Home Sale Times

8 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 52802 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 52802; 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 24 Days Ago

Newest Listings in 52802, IA

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