Is Cass Township, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cass Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Cass Township, IA

How much do homes in Cass Township, IA cost?

Median Sold Price

$459,500

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$109,500(+31.3%)

Key Takeaway

Homes in Cass Township have sold for 31.3% more than they did a year ago.

Summary: The median home sold price in Cass Township was $459,500 in November 2024, up 31.3% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$133K
N/A
2 $177.9K$259.9K
+46.1%
3 $385K$442.5K
+14.9%
4 $402.5K$464K
+15.3%
5+ $665K$750K
+12.8%

Summary: Cass Township 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 increased by 46.1%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 12.8%.

Median Sold Price Compared To Nearby Cities

Cass Township
+31.3%
Panora
+28.9%

Housing Supply in Cass Township, IA

How many homes are available in Cass Township, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2721-22.2%

Summary: The Cass Township real estate market had 21 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 95
-44.4%
4 44
0.0%
5+ 107
-30.0%

Summary: The Cass Township 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 increased by 33.3%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 30%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cass Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Cass Township in November 2024, down by 50.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Cass Township, IA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
2 Days81 Days+3140.0%

Summary: Homes in Cass Township had an average of 81 days on market in Nov 2024, up by 3140% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Cass Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in Cass Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in Cass Township, IA

Nearby Markets to Cass Township, IA