$2,613 Closing Credit*
$220,000
1,489 SqFt
2 Beds
•2 Full Baths
David Maubach, Listing Office: Mel Foster Co. Davenport
Is Muscatine, 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, Muscatine was a Seller's Market.
Key Takeaway
Muscatine is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Muscatine, IA
How much do homes in Muscatine, IA cost?
Median Sold Price
$188,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,445(+12.2%)
Key Takeaway
Homes in Muscatine have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Muscatine was $188,000 in November 2024, up 12.2% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | - | N/A |
| 2 Bedrooms | $131.5K | $119.7K | -8.9% |
| 3 Bedrooms | $159K | $202.5K | +27.4% |
| 4 Bedrooms | $278.5K | $220K | -21.0% |
| 5+ Bedrooms | $899.9K | $183.7K | -79.6% |
Summary: Muscatine 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 8.9%, 3 bedroom homes increased by 27.4%, 4 bedroom homes decreased by 21%, and 5+ bedroom homes decreased by 79.6%.
Housing Supply in Muscatine, IA
How many homes are available in Muscatine, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 21 | +90.9% |
Summary: The Muscatine real estate market had 21 homes for sale in November 2024, a 90.9% increase 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 3 | 9 | +200.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Muscatine 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 increased by 200%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Muscatine, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Muscatine in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Muscatine, IA
How long does it take to sell a home in Muscatine, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 83 Days | +27.2% |
Summary: Homes in Muscatine had an average of 83 days on market in Nov 2024, up by 27.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Muscatine are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in Muscatine; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
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.