$4,156 Closing Credit*
$349,990
1,606 SqFt
4 Beds
•2 Full Baths
Kathryn Greer, Listing Office: DRH Realty Of Iowa, LLC
Is Hiawatha, 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, Hiawatha was a Seller's Market.
Key Takeaway
Hiawatha is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hiawatha, IA
How much do homes in Hiawatha, IA cost?
Median Sold Price
$245,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$81,000(-24.8%)
Key Takeaway
Homes in Hiawatha have sold for 24.8% less than they did a year ago.
Summary: The median home sold price in Hiawatha was $245,000 in November 2024, down 24.8% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135K | $142K | +5.2% |
| 3 Bedrooms | $275K | $219.4K | -20.2% |
| 4 Bedrooms | $357.4K | $355K | -0.7% |
| 5+ Bedrooms | $570.9K | $475K | -16.8% |
Summary: Hiawatha 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 5.2%, 3 bedroom homes decreased by 20.2%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 16.8%.
Median Sold Price Compared To Nearby Cities
| Robins | $390K | $455K | +16.7% |
| Monroe Township | $311K | $334.9K | +7.7% |
| Cedar Rapids | $185K | $198.4K | +7.3% |
| Hiawatha | $326K | $245K | -24.8% |
Housing Supply in Hiawatha, IA
How many homes are available in Hiawatha, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 48 | -12.7% |
Summary: The Hiawatha real estate market had 48 homes for sale in November 2024, a 12.7% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 29 | 26 | -10.3% |
| 4 Bedrooms | 23 | 19 | -17.4% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Hiawatha 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 10.3%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 1 | -87.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hiawatha, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Hiawatha in November 2024, down by 87.5% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hiawatha, IA
How long does it take to sell a home in Hiawatha, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 71 Days | +68.4% |
Summary: Homes in Hiawatha had an average of 71 days on market in Nov 2024, up by 68.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hiawatha has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Hiawatha; 0% of homes were sold within 30 days, 100% 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.