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 4 Days Ago

Newest Listings in 52802, IA

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