$1,093 Closing Credit*
$92,000
658 SqFt
2 Beds
•1 Full Bath
Dallas Boerm, Listing Office: EXIT Realty Capital City
Is Belle Plaine, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Belle Plaine has remained a Buyer's Market.
Key Takeaway
Belle Plaine is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Belle Plaine, IA
How much do homes in Belle Plaine, IA cost?
Median Sold Price
$144,000
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,050(+11.7%)
Key Takeaway
Homes in Belle Plaine have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Belle Plaine was $144,000 in November 2024, up 11.7% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $14K | N/A |
| 2 Bedrooms | $85K | $73.8K | -13.1% |
| 3 Bedrooms | $136K | $144K | +5.9% |
| 4 Bedrooms | $147.5K | $158.5K | +7.5% |
| 5+ Bedrooms | $162.5K | $265K | +63.1% |
Summary: Belle Plaine housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 63.1%.
Housing Supply in Belle Plaine, IA
How many homes are available in Belle Plaine, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Summary: The Belle Plaine real estate market had 15 homes for sale in November 2024, a 25.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Belle Plaine housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belle Plaine, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Belle Plaine in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Belle Plaine, IA
How long does it take to sell a home in Belle Plaine, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 59 Days | +883.3% |
Summary: Homes in Belle Plaine had an average of 59 days on market in Nov 2024, up by 883.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Belle Plaine has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Belle Plaine; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.