$3,751 Closing Credit*
$315,900
1,439 SqFt
1 Bed
•1 Full Bath, 1 Partial
Gwen Johnson, Listing Office: SKOGMAN REALTY
Is Coralville, 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, Coralville has remained a Seller's Market.
Key Takeaway
Coralville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Coralville, IA
How much do homes in Coralville, IA cost?
Median Sold Price
$355,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+9.2%)
Key Takeaway
Homes in Coralville have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Coralville was $355,000 in October 2024, up 9.2% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $194.9K | -22.0% |
| 2 Bedrooms | $194.5K | $211.5K | +8.7% |
| 3 Bedrooms | $299.9K | $321.2K | +7.1% |
| 4 Bedrooms | $385K | $390K | +1.3% |
| 5+ Bedrooms | $587.5K | $504.5K | -14.1% |
Summary: Coralville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 14.1%.
Median Sold Price Compared To Nearby Cities
| Penn Township | $308K | $348.5K | +13.1% |
| Coralville | $325K | $355K | +9.2% |
| North Liberty | $295K | $316.9K | +7.4% |
| Clear Creek Township | $349.9K | $364.9K | +4.3% |
Housing Supply in Coralville, IA
How many homes are available in Coralville, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 73 | 77 | +5.5% |
Summary: The Coralville real estate market had 77 homes for sale in October 2024, a 5.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 20 | 21 | +5.0% |
| 4 Bedrooms | 25 | 28 | +12.0% |
| 5+ Bedrooms | 18 | 20 | +11.1% |
Summary: The Coralville 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 25%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 14 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coralville, expect to pay close to the asking price. 64.3% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in Coralville in October 2024, up by 100.0% month-over-month. Of the 14 sold homes, 36% were sold under asking, 64% were sold at asking, and 0% were sold over asking.
Days on Market for Coralville, IA
How long does it take to sell a home in Coralville, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 71 Days | +29.5% |
Summary: Homes in Coralville had an average of 71 days on market in Oct 2024, up by 29.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coralville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Coralville; 36% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 36% 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.