Is Decatur County, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Decatur County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Decatur County was a Buyer's Market.

Key Takeaway

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

Housing Prices in Decatur County, IA

How much do homes in Decatur County, IA cost?

Median Sold Price

$199,043

$114/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$78,043(+64.5%)

Key Takeaway

Homes in Decatur County have sold for 64.5% more than they did a month ago.

Summary: The median home sold price in Decatur County was $199,043 in November 2024, up 64.5% from last month, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $121K-
N/A
4 -$240K
N/A
5+ -$158K
N/A

Summary: Decatur County housing prices by bedroom type for November 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.

Housing Supply in Decatur County, IA

How many homes are available in Decatur County, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
98-11.1%

Summary: The Decatur County real estate market had 8 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 22
0.0%
5+ 11
0.0%

Summary: The Decatur County 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 Decatur County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Decatur County in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Decatur County, IA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
87 Days101 Days+16.1%

Summary: Homes in Decatur County had an average of 101 days on market in Nov 2024, up by 16.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Decatur County has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Decatur County; 0% of homes were sold within 30 days, 50% 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 27 Days Ago

Newest Listings in Decatur County, IA

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What housing markets are near Decatur County, IA?