$2,191 Closing Credit*
$184,500
1,008 SqFt
3 Beds
•1 Full Bath
Katherine McDaniel, Listing Office: Fathom Realty
Is Belle Plaine, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Belle Plaine was a Seller'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
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,000(+12.5%)
Key Takeaway
Homes in Belle Plaine have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Belle Plaine was $144,000 in October 2024, up 12.5% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $14K | N/A |
| 2 Bedrooms | $82K | $55K | -32.9% |
| 3 Bedrooms | $136K | $144.5K | +6.3% |
| 4 Bedrooms | $147.5K | $158.5K | +7.5% |
| 5+ Bedrooms | $162.5K | $265K | +63.1% |
Summary: Belle Plaine 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 decreased by 32.9%, 3 bedroom homes increased by 6.3%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The Belle Plaine real estate market had 12 homes for sale in October 2024, a 14.3% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Belle Plaine 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belle Plaine, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Belle Plaine in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 86 Days | +789.7% |
Summary: Homes in Belle Plaine had an average of 86 days on market in Oct 2024, up by 789.7% 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 October 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.