Is Muscatine County, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Muscatine County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Muscatine County has remained a Seller's Market.

Key Takeaway

Muscatine County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Muscatine County, IA

How much do homes in Muscatine County, IA cost?

Median Sold Price

$200,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,500(+12.7%)

Key Takeaway

Homes in Muscatine County have sold for 12.7% more than they did a year ago.

Summary: The median home sold price in Muscatine County was $200,000 in November 2024, up 12.7% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $104K-
N/A
2 $139.5K$135K
-3.2%
3 $166.2K$207.5K
+24.8%
4 $278.5K$214.9K
-22.8%
5+ $774.9K$276.2K
-64.4%

Summary: Muscatine County 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 3.2%, 3 bedroom homes increased by 24.8%, 4 bedroom homes decreased by 22.8%, and 5+ bedroom homes decreased by 64.4%.

Median Sold Price Compared To Nearby Counties

Muscatine County
+12.7%
Cedar County
+4.8%
Scott County
+4.8%
Johnson County
+2.7%

Housing Supply in Muscatine County, IA

How many homes are available in Muscatine County, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2632+23.1%

Summary: The Muscatine County real estate market had 32 homes for sale in November 2024, a 23.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 812
+50.0%
4 1312
-7.7%
5+ 25
+150.0%

Summary: The Muscatine County 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 50%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Muscatine County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Muscatine County in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Muscatine County, IA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days41 Days-8.0%

Summary: Homes in Muscatine County had an average of 41 days on market in Nov 2024, down by 8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Muscatine County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in Muscatine County; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% 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 17 Days Ago

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