$1
40.25 Acres
Land
John Reburn, Listing Office: Peoples Company
Is Maxwell, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Maxwell has remained a Seller's Market.
Key Takeaway
Maxwell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maxwell, IA
How much do homes in Maxwell, IA cost?
Median Sold Price
$285,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,000(+23.9%)
Key Takeaway
Homes in Maxwell have sold for 23.9% more than they did a year ago.
Summary: The median home sold price in Maxwell was $285,000 in October 2024, up 23.9% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $166K | $145K | -12.7% |
| 3 Bedrooms | $195K | $305K | +56.4% |
| 4 Bedrooms | $202.5K | $337.5K | +66.7% |
| 5+ Bedrooms | $717.5K | $265K | -63.1% |
Summary: Maxwell housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 56.4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 63.1%.
Median Sold Price Compared To Nearby Cities
| Maxwell | $230K | $287.5K | +25.0% |
| Maxwell | $230K | $285K | +23.9% |
Housing Supply in Maxwell, IA
How many homes are available in Maxwell, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Maxwell real estate market had 5 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Maxwell 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 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 Maxwell, 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 Maxwell in October 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 Maxwell, IA
We’re sorry, we don't have information for this market at the moment
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 Maxwell are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Maxwell; 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.
