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 20 Days Ago

Newest Listings in Newhall, IA

Nearby Markets to Newhall, IA