$2,434 Closing Credit*
$205,000
1,292 SqFt
3 Beds
•2 Full Baths
Kimberly Martinez, Listing Office: RUHL & RUHL REALTORS
Is Johnson 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, 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
$334,500
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,406(+5.8%)
Key Takeaway
Homes in Johnson County have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Johnson County was $334,500 in October 2024, up 5.8% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $178K | -28.8% |
| 2 Bedrooms | $173K | $196K | +13.3% |
| 3 Bedrooms | $279.9K | $280K | 0.0% |
| 4 Bedrooms | $366.5K | $387K | +5.6% |
| 5+ Bedrooms | $503.5K | $524.9K | +4.3% |
Summary: Johnson County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.8%, 2 bedroom homes increased by 13.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Counties
| Muscatine County | $171K | $200K | +17.0% |
| Johnson County | $316K | $334.5K | +5.8% |
| Cedar County | $186.5K | $190K | +1.9% |
| Iowa County | $203K | $175.5K | -13.5% |
Housing Supply in Johnson County, IA
How many homes are available in Johnson County, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 338 | 341 | +0.9% |
Summary: The Johnson County real estate market had 341 homes for sale in October 2024, a 0.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 48 | 47 | -2.1% |
| 3 Bedrooms | 111 | 108 | -2.7% |
| 4 Bedrooms | 96 | 99 | +3.1% |
| 5+ Bedrooms | 75 | 79 | +5.3% |
Summary: The Johnson County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 60 | +33.3% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Johnson County, expect to pay close to the asking price. 51.7% of homes here sold near the asking price last month.
Summary: A total of 60 homes were sold or pending in Johnson County in October 2024, up by 33.3% month-over-month. Of the 60 sold homes, 38% were sold under asking, 52% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 63 Days | 65 Days | +3.6% |
Summary: Homes in Johnson County had an average of 65 days on market in Oct 2024, up by 3.6% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
17 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 October 2024, 60 homes were sold in Johnson County; 45% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 28% 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.