$2,791 Closing Credit*
$235,000
1,738 SqFt
3 Beds
•1 Full Bath, 1 Partial
Schmidt, Kimberley, Listing Office: RE/MAX Concepts
Is Jasper County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Jasper County was a Seller's Market.
Key Takeaway
Jasper 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 Jasper County, IA
How much do homes in Jasper County, IA cost?
Median Sold Price
$184,700
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,700(+5.5%)
Key Takeaway
Homes in Jasper County have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Jasper County was $184,700 in October 2024, up 5.5% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $74K | +48.0% |
| 2 Bedrooms | $126.7K | $141K | +11.2% |
| 3 Bedrooms | $189K | $197.5K | +4.5% |
| 4 Bedrooms | $219K | $245K | +11.9% |
| 5+ Bedrooms | $411.5K | $250K | -39.2% |
Summary: Jasper County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48%, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 39.2%.
Median Sold Price Compared To Nearby Counties
| Jasper County | $175K | $184.7K | +5.5% |
| Polk County | $274.3K | $287.7K | +4.9% |
| Marshall County | $172K | $178K | +3.5% |
| Marion County | $259.6K | $266.8K | +2.8% |
Housing Supply in Jasper County, IA
How many homes are available in Jasper County, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 185 | 172 | -7.0% |
Summary: The Jasper County real estate market had 172 homes for sale in October 2024, a 7.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 38 | 35 | -7.9% |
| 3 Bedrooms | 86 | 76 | -11.6% |
| 4 Bedrooms | 41 | 39 | -4.9% |
| 5+ Bedrooms | 15 | 19 | +26.7% |
Summary: The Jasper County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 26.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 28 | -39.1% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jasper County, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Jasper County in October 2024, down by 39.1% month-over-month. Of the 28 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for Jasper County, IA
How long does it take to sell a home in Jasper County, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 54 Days | +64.1% |
Summary: Homes in Jasper County had an average of 54 days on market in Oct 2024, up by 64.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jasper County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 28 homes were sold in Jasper County; 54% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% 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.