$199,900
864 SqFt
3 Beds
•1 Full Bath
Collin Coy, Listing Office: 1 Percent Lists Evolution
September 2024
Report Updated 30 Days Ago
Is Merle Hay, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Merle Hay has remained a Seller's Market.
How much do homes in Merle Hay, IA cost?
$216,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in Merle Hay was $216,000 in September 2024, up 4.1% from last year, and the median price per square foot was $208.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $140K | +64.7% |
2 Bedrooms | $170K | $181.2K | +6.6% |
3 Bedrooms | $220K | $227.4K | +3.4% |
4 Bedrooms | $252K | $277.5K | +10.1% |
5+ Bedrooms | $762.5K | $259.9K | -65.9% |
Summary: Merle Hay housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.7%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes decreased by 65.9%.
Meredith | $258.7K | $290K | +12.1% |
Waveland Park | $250K | $275K | +10.0% |
Merle Hay | $207.5K | $216K | +4.1% |
Beaverdale | $238.9K | $238.2K | -0.3% |
How many homes are available in Merle Hay, IA?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
64 | 57 | -10.9% |
Summary: The Merle Hay real estate market had 57 homes for sale in September 2024, a 10.9% decrease compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 21 | 17 | -19.0% |
3 Bedrooms | 28 | 27 | -3.6% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Merle Hay housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 19%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
20 | 11 | -45.0% |
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Merle Hay in September 2024, down by 45.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.
How long does it take to sell a home in Merle Hay, IA?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
19 Days | 15 Days | -17.7% |
Summary: Homes in Merle Hay had an average of 15 days on market in Sep 2024, down by 17.7% compared to last year.
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During September 2024, 11 homes were sold in Merle Hay; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 30 Days Ago
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See More ListingsMLS Disclaimers and Copyright
Based on information from Des Moines MLS for the period 10/01/2022 - 10/01/2024
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines 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 deemed reliable but not guaranteed. Copyright© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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