$1,758 Closing Credit*
$148,000
912 SqFt
2 Beds
•1 Full Bath
Holly Kincel, Listing Office: Home Realty
Is Mahaska County, 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, Mahaska County has remained a Seller's Market.
Key Takeaway
Mahaska County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mahaska County, IA
How much do homes in Mahaska County, IA cost?
Median Sold Price
$185,106
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,106(+8.9%)
Key Takeaway
Homes in Mahaska County have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Mahaska County was $185,106 in November 2024, up 8.9% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $17.5K | - | N/A |
| 2 Bedrooms | $110K | $127.8K | +16.2% |
| 3 Bedrooms | $170K | $199.5K | +17.4% |
| 4 Bedrooms | $225K | $180K | -20.0% |
| 5+ Bedrooms | $231.5K | - | N/A |
Summary: Mahaska 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 increased by 16.2%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Poweshiek County | $210K | $235K | +11.9% |
| Mahaska County | $170K | $185.1K | +8.9% |
| Marion County | $266.4K | $260K | -2.4% |
Housing Supply in Mahaska County, IA
How many homes are available in Mahaska County, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Mahaska County real estate market had 9 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Mahaska 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mahaska County, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Mahaska County in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Mahaska County, IA
How long does it take to sell a home in Mahaska County, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 38 Days | +214.2% |
Summary: Homes in Mahaska County had an average of 38 days on market in Nov 2024, up by 214.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mahaska County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Mahaska County; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
