$2,434 Closing Credit*
$205,000
1,382 SqFt
2 Beds
•1 Full Bath
Kylie Timler, Listing Office: Century 21 Signature Real Estate
Is Iowa County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Iowa County has remained a Seller's Market.
Key Takeaway
Iowa County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Iowa County, IA
How much do homes in Iowa County, IA cost?
Median Sold Price
$175,500
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$27,500(-13.5%)
Key Takeaway
Homes in Iowa County have sold for 13.5% less than they did a year ago.
Summary: The median home sold price in Iowa County was $175,500 in October 2024, down 13.5% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118.5K | $100K | -15.6% |
| 2 Bedrooms | $125K | $115K | -8.0% |
| 3 Bedrooms | $168.5K | $180K | +6.8% |
| 4 Bedrooms | $225K | $239.5K | +6.4% |
| 5+ Bedrooms | $235K | $275K | +17.0% |
Summary: Iowa County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.6%, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 17%.
Median Sold Price Compared To Nearby Counties
| Johnson County | $316K | $334.5K | +5.8% |
| Iowa County | $203K | $175.5K | -13.5% |
Housing Supply in Iowa County, IA
How many homes are available in Iowa County, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 33 | +17.9% |
Summary: The Iowa County real estate market had 33 homes for sale in October 2024, a 17.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Iowa County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 75%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Iowa County, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Iowa County in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 45 Days | +53.1% |
Summary: Homes in Iowa County had an average of 45 days on market in Oct 2024, up by 53.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Iowa County has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Iowa County; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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.