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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Collins Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Collins Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Collins Township, IA

How much do homes in Collins Township, IA cost?

Median Sold Price

$95,348

$86/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$194,651(-67.1%)

Key Takeaway

Homes in Collins Township have sold for 67.1% less than they did a month ago.

Summary: The median home sold price in Collins Township was $95,348 in October 2024, down 67.1% from last month, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$95.3K
N/A
3 -$212.1K
N/A
4 $290K-
N/A
5+ --
N/A

Summary: Collins Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Collins Township
-67.1%
Collins
-67.1%

Housing Supply in Collins Township, IA

How many homes are available in Collins Township, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
810+25.0%

Summary: The Collins Township real estate market had 10 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 22
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Collins 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 increased by 66.7%, 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
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Collins Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Collins Township in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Collins Township, IA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
7 Days5 Days-28.6%

Summary: Homes in Collins Township had an average of 5 days on market in Oct 2024, down by 28.6% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Collins Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Collins Township; 100% of homes were sold within 30 days, 0% 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 24 Days Ago

Newest Listings in Collins Township, IA

Nearby Markets to Collins Township, IA