Is Lowden, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lowden is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Lowden was a Seller's Market.

Key Takeaway

Lowden is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lowden, IA

How much do homes in Lowden, IA cost?

Median Sold Price

$122,000

$125/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$33,000(-21.3%)

Key Takeaway

Homes in Lowden have sold for 21.3% less than they did a month ago.

Summary: The median home sold price in Lowden was $122,000 in October 2024, down 21.3% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$122K
N/A
3 $135K-
N/A
4 $175K-
N/A
5+ --
N/A

Summary: Lowden housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lowden
-21.3%
Springfield Township
-30.3%

Housing Supply in Lowden, IA

How many homes are available in Lowden, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
68+33.3%

Summary: The Lowden real estate market had 8 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 12
+100.0%
4 22
0.0%
5+ 12
+100.0%

Summary: The Lowden 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lowden, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Lowden in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Lowden, IA

How long does it take to sell a home in Lowden, IA?

Average Sale Time

Sep 2024Oct 2024CHANGE
77 Days15 Days-80.6%

Summary: Homes in Lowden had an average of 15 days on market in Oct 2024, down by 80.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lowden are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Lowden; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Lowden, IA

Nearby Markets to Lowden, IA