$4,572 Closing Credit*
$384,990
1,358 SqFt
4 Beds
•1 Full Bath
Rob Burditt, Listing Office: Hubbell Homes of Iowa, LLC
Is Linn Township, 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, Linn Township was a Seller's Market.
Key Takeaway
Linn Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Linn Township, IA
How much do homes in Linn Township, IA cost?
Median Sold Price
$348,326
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$38,326(+12.4%)
Key Takeaway
Homes in Linn Township have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in Linn Township was $348,326 in October 2024, up 12.4% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $187.5K | $205K | +9.3% |
| 3 Bedrooms | $255K | $264.9K | +3.9% |
| 4 Bedrooms | $425K | $396.7K | -6.7% |
| 5+ Bedrooms | $580K | $535K | -7.8% |
Summary: Linn Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 7.8%.
Median Sold Price Compared To Nearby Cities
| Linn Township | $310K | $348.3K | +12.4% |
| Bloomfield Township | $200.5K | $218.6K | +9.0% |
| Norwalk | $318K | $334.9K | +5.3% |
| Cumming | $535K | $560K | +4.7% |
Housing Supply in Linn Township, IA
How many homes are available in Linn Township, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 106 | 96 | -9.4% |
Summary: The Linn Township real estate market had 96 homes for sale in October 2024, a 9.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 48 | 46 | -4.2% |
| 4 Bedrooms | 37 | 32 | -13.5% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The Linn Township 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 28.6%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 11 | -42.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Linn Township, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Linn Township in October 2024, down by 42.1% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market for Linn Township, IA
How long does it take to sell a home in Linn Township, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 91 Days | 130 Days | +42.0% |
Summary: Homes in Linn Township had an average of 130 days on market in Oct 2024, up by 42% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Linn Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Linn Township; 45% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
