$1,068 Closing Credit*
$89,900
1,371 SqFt
2 Beds
•1 Full Bath, 1 Partial
Kelley Myers, Listing Office: RUHL & RUHL REALTORS
Is Marengo Township, 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, Marengo Township was a Seller's Market.
Key Takeaway
Marengo Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Marengo Township, IA
How much do homes in Marengo Township, IA cost?
Median Sold Price
$154,100
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$3,350(-2.1%)
Key Takeaway
Homes in Marengo Township have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Marengo Township was $154,100 in November 2024, down 2.1% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30K | - | N/A |
| 2 Bedrooms | $120K | $115K | -4.2% |
| 3 Bedrooms | $147.4K | $156K | +5.8% |
| 4 Bedrooms | $190.5K | $211.2K | +10.9% |
| 5+ Bedrooms | $200K | $92.5K | -53.8% |
Summary: Marengo Township 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 4.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 53.8%.
Median Sold Price Compared To Nearby Cities
| Marengo Township | $157.4K | $154.1K | -2.1% |
| Marengo | $157.4K | $154.1K | -2.1% |
Housing Supply in Marengo Township, IA
How many homes are available in Marengo Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Marengo Township real estate market had 9 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Marengo Township 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Marengo Township, 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 Marengo Township in November 2024, the same as the previous 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 Marengo Township, IA
How long does it take to sell a home in Marengo Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 1 Day | -97.9% |
Summary: Homes in Marengo Township had an average of 1 days on market in Nov 2024, down by 97.9% compared to last year.
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
Key Takeaway
Many homes in Marengo Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Marengo Township; 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.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.