$1,543 Closing Credit*
$129,903
758 SqFt
2 Beds
•1 Full Bath
Tony Schubert, Listing Office: RE/MAX Concepts
Is Fairground, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Fairground was a Seller's Market.
Key Takeaway
Fairground is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fairground, IA
How much do homes in Fairground, IA cost?
Median Sold Price
$156,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,000(+4.0%)
Key Takeaway
Homes in Fairground have sold for 4% more than they did a year ago.
Summary: The median home sold price in Fairground was $156,000 in November 2024, up 4% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119.7K | $96.5K | -19.4% |
| 2 Bedrooms | $135K | $150K | +11.1% |
| 3 Bedrooms | $164.5K | $177.5K | +7.9% |
| 4 Bedrooms | $173.5K | $182K | +4.9% |
| 5+ Bedrooms | $188K | $233.5K | +24.2% |
Summary: Fairground housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.4%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 24.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Accent | $152.5K | $170K | +11.5% |
| Fairground | $150K | $156K | +4.0% |
Housing Supply in Fairground, IA
How many homes are available in Fairground, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Fairground real estate market had 19 homes for sale in November 2024, a 11.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fairground 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fairground, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Fairground in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Fairground, IA
How long does it take to sell a home in Fairground, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 10 Days | -50.8% |
Summary: Homes in Fairground had an average of 10 days on market in Nov 2024, down by 50.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fairground are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Fairground; 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.
