$3,669 Closing Credit*
$309,000
2,749 SqFt
4 Beds
•3 Full Baths, 1 Partial
Gunther Sandersfeld, Listing Office: SKOGMAN REALTY
Is Iowa County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Iowa County was a Seller's Market.
Key Takeaway
Iowa County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Iowa County, IA
How much do homes in Iowa County, IA cost?
Median Sold Price
$252,000
$133/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$39,000(+18.3%)
Key Takeaway
Homes in Iowa County have sold for 18.3% more than they did a month ago.
Summary: The median home sold price in Iowa County was $252,000 in November 2024, up 18.3% from last month, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $275.9K | +97.1% |
| 3 Bedrooms | $225K | $239K | +6.2% |
| 4 Bedrooms | $201K | $245K | +21.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Iowa 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 increased by 97.1%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes did not change.
Housing Supply in Iowa County, IA
How many homes are available in Iowa County, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 27 | -15.6% |
Summary: The Iowa County real estate market had 27 homes for sale in November 2024, a 15.6% decrease 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 | 7 | 7 | 0.0% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Iowa 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 21.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Iowa County, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Iowa County in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Iowa County, IA
How long does it take to sell a home in Iowa County, IA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 13 Days | -70.9% |
Summary: Homes in Iowa County had an average of 13 days on market in Nov 2024, down by 70.9% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Iowa County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Iowa County; 75% of homes were sold within 30 days, 25% 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.