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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clear Creek Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Clear Creek Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Clear Creek Township, IA

How much do homes in Clear Creek Township, IA cost?

Median Sold Price

$364,900

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,950(+4.3%)

Key Takeaway

Homes in Clear Creek Township have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Clear Creek Township was $364,900 in October 2024, up 4.3% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$194.9K
N/A
2 $138K$199.7K
+44.7%
3 $302.4K$318K
+5.2%
4 $365K$360.7K
-1.2%
5+ $500.9K$494.9K
-1.2%

Summary: Clear Creek 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 44.7%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 1.2%.

Median Sold Price Compared To Nearby Cities

Coralville
+9.2%
North Liberty
+7.4%
Clear Creek Township
+4.3%
Tiffin
+4.2%

Housing Supply in Clear Creek Township, IA

How many homes are available in Clear Creek Township, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8685-1.2%

Summary: The Clear Creek Township real estate market had 85 homes for sale in October 2024, a 1.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 32
-33.3%
3 2119
-9.5%
4 3537
+5.7%
5+ 2525
0.0%

Summary: The Clear Creek 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 decreased by 33.3%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
612+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clear Creek Township, expect to pay close to the asking price. 83.3% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in Clear Creek Township in October 2024, up by 100.0% month-over-month. Of the 12 sold homes, 17% were sold under asking, 83% were sold at asking, and 0% were sold over asking.

Days on Market for Clear Creek Township, IA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
66 Days114 Days+72.0%

Summary: Homes in Clear Creek Township had an average of 114 days on market in Oct 2024, up by 72% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 12 homes were sold in Clear Creek Township; 17% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 58% 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 20 Days Ago

Newest Listings in Clear Creek Township, IA

Nearby Markets to Clear Creek Township, IA

What housing markets are near Clear Creek Township, IA?