$2,292 Closing Credit*
$193,000
1,587 SqFt
5 Beds
•1 Full Bath, 1 Partial
Wendy Votroubek, Listing Office: SKOGMAN REALTY
Is Brown Township, 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, Brown Township has remained a Seller's Market.
Key Takeaway
Brown Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brown Township, IA
How much do homes in Brown Township, IA cost?
Median Sold Price
$222,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,000(-0.9%)
Key Takeaway
Homes in Brown Township have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Brown Township was $222,000 in October 2024, down 0.9% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $156.9K | $176K | +12.1% |
| 3 Bedrooms | $246K | $235K | -4.5% |
| 4 Bedrooms | $243.5K | $211.1K | -13.3% |
| 5+ Bedrooms | $299.9K | $310K | +3.4% |
Summary: Brown Township 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 12.1%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Cities
| Springville | $226K | $235K | +4.0% |
| Brown Township | $224K | $222K | -0.9% |
| Fairview Township | $250.5K | $205.5K | -18.0% |
Housing Supply in Brown Township, IA
How many homes are available in Brown Township, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Brown Township real estate market had 3 homes for sale in October 2024, a 25.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Brown Township 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 remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Brown Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Brown Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Brown Township, IA
How long does it take to sell a home in Brown Township, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 31 Days | +101.1% |
Summary: Homes in Brown Township had an average of 31 days on market in Oct 2024, up by 101.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brown Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Brown Township; 50% of homes were sold within 30 days, 50% 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.