Is Newhall, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newhall is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Newhall, IA

How much do homes in Newhall, IA cost?

Median Sold Price

$187,250

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$13,700(-6.8%)

Key Takeaway

Homes in Newhall have sold for 6.8% less than they did a year ago.

Summary: The median home sold price in Newhall was $187,250 in October 2024, down 6.8% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $182K-
N/A
3 $139.9K$186K
+32.9%
4 $260.5K$142K
-45.5%
5+ $350K$207K
-40.9%

Summary: Newhall 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 increased by 32.9%, 4 bedroom homes decreased by 45.5%, and 5+ bedroom homes decreased by 40.9%.

Median Sold Price Compared To Nearby Cities

Eldorado Township
-4.8%
Newhall
-6.8%

Housing Supply in Newhall, IA

How many homes are available in Newhall, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
64-33.3%

Summary: The Newhall real estate market had 4 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 32
-33.3%
5+ 10
-100.0%

Summary: The Newhall 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 decreased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newhall, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Newhall in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Newhall, IA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days7 Days-56.3%

Summary: Homes in Newhall had an average of 7 days on market in Oct 2024, down by 56.3% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Newhall; 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.

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

Report Updated 4 Days Ago

Newest Listings in Newhall, IA

Nearby Markets to Newhall, IA