$771 Closing Credit*
$64,900
810 SqFt
2 Beds
•1 Full Bath
Cody Wilkinson, Listing Office: Soldfast Real Estate
Is Lucas County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lucas County was a Seller's Market.
Key Takeaway
Lucas County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lucas County, IA
How much do homes in Lucas County, IA cost?
Median Sold Price
$128,500
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,000(-16.3%)
Key Takeaway
Homes in Lucas County have sold for 16.3% less than they did a year ago.
Summary: The median home sold price in Lucas County was $128,500 in November 2024, down 16.3% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $227K | N/A |
| 2 Bedrooms | $123K | $112.9K | -8.2% |
| 3 Bedrooms | $181.7K | $144.2K | -20.6% |
| 4 Bedrooms | $158K | $307K | +94.3% |
| 5+ Bedrooms | - | $55K | N/A |
Summary: Lucas County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.2%, 3 bedroom homes decreased by 20.6%, 4 bedroom homes increased by 94.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Marion County | $266.4K | $260K | -2.4% |
| Clarke County | $283K | $252K | -11.0% |
| Lucas County | $153.5K | $128.5K | -16.3% |
Housing Supply in Lucas County, IA
How many homes are available in Lucas County, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Summary: The Lucas County real estate market had 22 homes for sale in November 2024, a 4.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Lucas County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lucas County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Lucas County in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lucas County, IA
How long does it take to sell a home in Lucas County, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 41 Days | -36.2% |
Summary: Homes in Lucas County had an average of 41 days on market in Nov 2024, down by 36.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lucas County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Lucas County; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
