$324,500
3.00 Acres
Land
•1 Full Bath
Ryan Roberts, Listing Office: Sundance Realty
Is Knoxville Township, 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, Knoxville Township has remained a Seller's Market.
Key Takeaway
Knoxville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Knoxville Township, IA
How much do homes in Knoxville Township, IA cost?
Median Sold Price
$199,750
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,250(+10.1%)
Key Takeaway
Homes in Knoxville Township have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Knoxville Township was $199,750 in November 2024, up 10.1% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $104.1K | $210.5K | +102.1% |
| 2 Bedrooms | $119.9K | $143.2K | +19.4% |
| 3 Bedrooms | $183.8K | $219.5K | +19.4% |
| 4 Bedrooms | $274K | $260K | -5.1% |
| 5+ Bedrooms | $341K | $203K | -40.5% |
Summary: Knoxville Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 102.1%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 19.4%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 40.5%.
Median Sold Price Compared To Nearby Cities
| Knoxville | $180.7K | $200K | +10.7% |
| Knoxville Township | $181.5K | $199.7K | +10.1% |
Housing Supply in Knoxville Township, IA
How many homes are available in Knoxville Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 69 | +9.5% |
Summary: The Knoxville Township real estate market had 69 homes for sale in November 2024, a 9.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 16 | 12 | -25.0% |
| 3 Bedrooms | 27 | 33 | +22.2% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Knoxville Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 14 | +100.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Knoxville Township, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Knoxville Township in November 2024, up by 100.0% month-over-month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% were sold over asking.
Days on Market for Knoxville Township, IA
How long does it take to sell a home in Knoxville Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 55 Days | +75.3% |
Summary: Homes in Knoxville Township had an average of 55 days on market in Nov 2024, up by 75.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Knoxville Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Knoxville Township; 43% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
