Is 52803, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 52803 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 52803 has remained a Seller's Market.

Key Takeaway

52803 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 52803, IA

How much do homes in 52803, IA cost?

Median Sold Price

$170,000

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,500(+7.9%)

Key Takeaway

Homes in 52803 have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in 52803 was $170,000 in October 2024, up 7.9% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $64.4K$62K
-3.8%
2 $130K$145K
+11.5%
3 $164.4K$174K
+5.8%
4 $191K$194.5K
+1.8%
5+ $231.7K$239.9K
+3.5%

Summary: 52803 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 3.5%.

Median Sold Price Compared To Nearby Zip Codes

52807
+11.0%
61201
+9.5%
52803
+7.9%
52806
-2.1%

Housing Supply in 52803, IA

How many homes are available in 52803, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98103+5.1%

Summary: The 52803 real estate market had 103 homes for sale in October 2024, a 5.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2327
+17.4%
3 4039
-2.5%
4 2931
+6.9%
5+ 55
0.0%

Summary: The 52803 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 17.4%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2221-4.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 52803, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 52803 in October 2024, down by 4.5% month-over-month. Of the 21 sold homes, 52% were sold under asking, 19% were sold at asking, and 29% were sold over asking.

Days on Market for 52803, IA

How long does it take to sell a home in 52803, IA?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days26 Days+9.2%

Summary: Homes in 52803 had an average of 26 days on market in Oct 2024, up by 9.2% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 52803 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 21 homes were sold in 52803; 67% of homes were sold within 30 days, 33% 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 52803, IA

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