$2,553 Closing Credit*
$215,000
1,774 SqFt
4 Beds
•1 Full Bath, 1 Partial
Tom Behal, Listing Office: Mel Foster Co. Davenport
Is 52807, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 52807 has remained a Seller's Market.
Key Takeaway
52807 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 52807, IA
How much do homes in 52807, IA cost?
Median Sold Price
$377,450
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,450(+11.0%)
Key Takeaway
Homes in 52807 have sold for 11% more than they did a year ago.
Summary: The median home sold price in 52807 was $377,450 in October 2024, up 11% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $153K | - | N/A |
| 2 Bedrooms | $191.5K | $280K | +46.2% |
| 3 Bedrooms | $281.5K | $354.9K | +26.1% |
| 4 Bedrooms | $390K | $400K | +2.6% |
| 5+ Bedrooms | $460K | $504.4K | +9.7% |
Summary: 52807 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 46.2%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 9.7%.
Housing Supply in 52807, IA
How many homes are available in 52807, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 47 | +2.2% |
Summary: The 52807 real estate market had 47 homes for sale in October 2024, a 2.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 12 | 15 | +25.0% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 52807 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 20%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 9 | -43.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 52807, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 52807 in October 2024, down by 43.8% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 52807, IA
How long does it take to sell a home in 52807, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 16 Days | -20.7% |
Summary: Homes in 52807 had an average of 16 days on market in Oct 2024, down by 20.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 52807 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 52807; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.