Is 52804, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 52804 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 52804 has remained a Seller's Market.

Key Takeaway

52804 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 52804, IA

How much do homes in 52804, IA cost?

Median Sold Price

$166,600

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,350(+1.4%)

Key Takeaway

Homes in 52804 have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in 52804 was $166,600 in October 2024, up 1.4% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $82K-
N/A
2 $130.5K$135K
+3.4%
3 $165.5K$166.2K
0.5%
4 $185K$205.2K
+10.9%
5+ $145.3K$266.7K
+83.5%

Summary: 52804 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 3.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 83.5%.

Median Sold Price Compared To Nearby Zip Codes

52802
+20.1%
52803
+7.9%
52804
+1.4%
52806
-2.1%

Housing Supply in 52804, IA

How many homes are available in 52804, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
110103-6.4%

Summary: The 52804 real estate market had 103 homes for sale in October 2024, a 6.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2122
+4.8%
3 7061
-12.9%
4 1113
+18.2%
5+ 76
-14.3%

Summary: The 52804 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 4.8%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2925-13.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 52804, you may be able to get a good deal. 56% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 52804 in October 2024, down by 13.8% month-over-month. Of the 25 sold homes, 56% were sold under asking, 8% were sold at asking, and 36% were sold over asking.

Days on Market for 52804, IA

How long does it take to sell a home in 52804, IA?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days15 Days-31.6%

Summary: Homes in 52804 had an average of 15 days on market in Oct 2024, down by 31.6% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 52804 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 25 homes were sold in 52804; 84% of homes were sold within 30 days, 16% 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 52804, IA

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