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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaverdale is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Beaverdale, IA

How much do homes in Beaverdale, IA cost?

Median Sold Price

$239,950

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,000(-0.4%)

Key Takeaway

The sold price of homes in Beaverdale has remained the same since last year.

Summary: The median home sold price in Beaverdale was $239,950 in October 2024, down 0.4% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $100K$88.8K
-11.2%
2 $181K$200K
+10.5%
3 $250K$261.5K
+4.6%
4 $295K$320K
+8.5%
5+ $258.7K-
N/A

Summary: Beaverdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.2%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Prospect Park
+15.3%
Waveland Park
+12.8%
Drake
+8.1%
Merle Hay
+3.7%
Beaverdale
-0.4%

Housing Supply in Beaverdale, IA

How many homes are available in Beaverdale, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3345+36.4%

Summary: The Beaverdale real estate market had 45 homes for sale in October 2024, a 36.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 118
-27.3%
3 1728
+64.7%
4 48
+100.0%
5+ 11
0.0%

Summary: The Beaverdale 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 27.3%, 3 bedroom homes increased by 64.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
711+57.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaverdale, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Beaverdale in October 2024, up by 57.1% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.

Days on Market for Beaverdale, IA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
9 Days25 Days+155.2%

Summary: Homes in Beaverdale had an average of 25 days on market in Oct 2024, up by 155.2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Beaverdale; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% 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 20 Days Ago

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