$2,849 Closing Credit*
$239,900
1,056 SqFt
3 Beds
•1 Full Bath
Thomas Payne, Listing Office: Century 21 Signature
Is Lower Beaver, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Lower Beaver has remained a Seller's Market.
Key Takeaway
Lower Beaver is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lower Beaver, IA
How much do homes in Lower Beaver, IA cost?
Median Sold Price
$265,500
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$25,500(+10.6%)
Key Takeaway
Homes in Lower Beaver have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Lower Beaver was $265,500 in August 2024, up 10.6% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $118.4K | N/A |
| 2 Bedrooms | $192.9K | $204K | +5.8% |
| 3 Bedrooms | $240K | $266.5K | +11.0% |
| 4 Bedrooms | $271.5K | $301K | +10.9% |
| 5+ Bedrooms | $315K | $287K | -8.9% |
Summary: Lower Beaver housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Oak Park | $157K | $178.5K | +13.7% |
| Lower Beaver | $240K | $265.5K | +10.6% |
Housing Supply in Lower Beaver, IA
How many homes are available in Lower Beaver, IA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 32 | 31 | -3.1% |
Summary: The Lower Beaver real estate market had 31 homes for sale in August 2024, a 3.1% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Lower Beaver housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes remained the same, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
5 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 Lower Beaver, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Lower Beaver in August 2024, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Lower Beaver, IA
How long does it take to sell a home in Lower Beaver, IA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 10 Days | 46 Days | +347.7% |
Summary: Homes in Lower Beaver had an average of 46 days on market in Aug 2024, up by 347.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lower Beaver are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 10 homes were sold in Lower Beaver; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
