Housing Prices in Menlo, IA

How much do homes in Menlo, IA cost?

Median List Price

$199,500

$133/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$40,400(-16.8%)

Key Takeaway

The list price of homes in Menlo has decreased by 16.8% since last year.

Summary: The median home list price in Menlo was $199,500 in October 2024, down 16.8% from the previous year, and the median price per square foot was $133.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $75K-
N/A
3 $237K$162.5K
-31.4%
4 $269.9K$234.4K
-13.2%
5+ --
N/A

Summary: Menlo 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 did not change, 3 bedroom homes decreased by 31.4%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Beaver Township
-9.1%
Menlo
-16.8%

Housing Supply in Menlo, IA

How many homes are available in Menlo, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
220.0%

Summary: The Menlo real estate market had 2 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Menlo 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 remained the same, and 5+ bedroom homes remained the same.

Days on Market for Menlo, IA

How long does it take to sell a home in Menlo, IA?

Average Listing Age

Oct 2023Oct 2024CHANGE
91 Days120 Days+31.7%

Summary: Homes in Menlo had an average listing age of 120 days in Oct 2024, up by 31.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Menlo, IA

Nearby Markets to Menlo, IA