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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chariton is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Chariton was a Seller's Market.

Key Takeaway

Chariton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Chariton, IA

How much do homes in Chariton, IA cost?

Median Sold Price

$116,450

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,250(-17.8%)

Key Takeaway

Homes in Chariton have sold for 17.8% less than they did a year ago.

Summary: The median home sold price in Chariton was $116,450 in October 2024, down 17.8% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$69K
N/A
2 $128.2K$250K
+94.9%
3 $164.2K$120K
-26.9%
4 $220K$204.5K
-7.0%
5+ -$55K
N/A

Summary: Chariton 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 94.9%, 3 bedroom homes decreased by 26.9%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes did not change.

Housing Supply in Chariton, IA

How many homes are available in Chariton, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
20200.0%

Summary: The Chariton real estate market had 20 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 33
0.0%
3 88
0.0%
4 55
0.0%
5+ 33
0.0%

Summary: The Chariton 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 remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chariton, 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 Chariton in October 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 Chariton, IA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days47 Days+235.7%

Summary: Homes in Chariton had an average of 47 days on market in Oct 2024, up by 235.7% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Chariton has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Chariton; 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.

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 Chariton, IA

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