$4,868 Closing Credit*
$409,900
2,204 SqFt
3 Beds
•2 Full Baths, 1 Partial
Michael Bails, Listing Office: Urban Acres Real Estate Corridor
Is Johnson County, 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, Johnson County has remained a Seller's Market.
Key Takeaway
Johnson County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Johnson County, IA
How much do homes in Johnson County, IA cost?
Median Sold Price
$333,726
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,793(+2.7%)
Key Takeaway
Homes in Johnson County have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Johnson County was $333,726 in November 2024, up 2.7% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $175K | -38.6% |
| 2 Bedrooms | $175K | $191.4K | +9.4% |
| 3 Bedrooms | $280K | $280.8K | 0.3% |
| 4 Bedrooms | $369K | $385.4K | +4.5% |
| 5+ Bedrooms | $505K | $527K | +4.4% |
Summary: Johnson County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.6%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 4.4%.
Median Sold Price Compared To Nearby Counties
| Muscatine County | $177.5K | $200K | +12.7% |
| Cedar County | $186K | $194.9K | +4.8% |
| Johnson County | $324.9K | $333.7K | +2.7% |
Housing Supply in Johnson County, IA
How many homes are available in Johnson County, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 353 | 317 | -10.2% |
Summary: The Johnson County real estate market had 317 homes for sale in November 2024, a 10.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 47 | 34 | -27.7% |
| 3 Bedrooms | 110 | 110 | 0.0% |
| 4 Bedrooms | 109 | 92 | -15.6% |
| 5+ Bedrooms | 79 | 73 | -7.6% |
Summary: The Johnson 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 decreased by 27.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes decreased by 7.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 60 | -6.3% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Johnson County, you may be able to get a good deal. 56.7% of homes here sold below asking price last month.
Summary: A total of 60 homes were sold or pending in Johnson County in November 2024, down by 6.3% month-over-month. Of the 60 sold homes, 57% were sold under asking, 33% were sold at asking, and 10% were sold over asking.
Days on Market for Johnson County, IA
How long does it take to sell a home in Johnson County, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 58 Days | +23.7% |
Summary: Homes in Johnson County had an average of 58 days on market in Nov 2024, up by 23.7% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Johnson County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 60 homes were sold in Johnson County; 45% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 15% 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.