$3,384 Closing Credit*
$285,000
2,052 SqFt
5 Beds
•1 Full Bath, 1 Partial
Annie Kaestner, Listing Office: SKOGMAN REALTY
Is Florence Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Florence Township has remained a Seller's Market.
Key Takeaway
Florence Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Florence Township, IA
How much do homes in Florence Township, IA cost?
Median Sold Price
$260,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+23.8%)
Key Takeaway
Homes in Florence Township have sold for 23.8% more than they did a year ago.
Summary: The median home sold price in Florence Township was $260,000 in November 2024, up 23.8% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $201.5K | +43.9% |
| 3 Bedrooms | $202K | $260K | +28.7% |
| 4 Bedrooms | $210K | $292K | +39.0% |
| 5+ Bedrooms | $346K | $267K | -22.8% |
Summary: Florence Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 43.9%, 3 bedroom homes increased by 28.7%, 4 bedroom homes increased by 39%, and 5+ bedroom homes decreased by 22.8%.
Median Sold Price Compared To Nearby Cities
| Florence Township | $210K | $260K | +23.8% |
| Fairfax Township | $299K | $305K | +2.0% |
Housing Supply in Florence Township, IA
How many homes are available in Florence Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Florence Township real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Florence Township 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 increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 100%, 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
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Florence Township, 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 Florence Township in November 2024, the same as the previous 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 Florence Township, IA
How long does it take to sell a home in Florence Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 76 Days | 48 Days | -36.8% |
Summary: Homes in Florence Township had an average of 48 days on market in Nov 2024, down by 36.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Florence Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Florence Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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.