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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oskaloosa is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Oskaloosa was a Buyer's Market.

Key Takeaway

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

Housing Prices in Oskaloosa, IA

How much do homes in Oskaloosa, IA cost?

Median Sold Price

$175,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,500(+14.8%)

Key Takeaway

Homes in Oskaloosa have sold for 14.8% more than they did a year ago.

Summary: The median home sold price in Oskaloosa was $175,000 in October 2024, up 14.8% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $17.5K-
N/A
2 $116K$105K
-9.5%
3 $149.5K$182K
+21.7%
4 $200K$180K
-10.0%
5+ $363K-
N/A

Summary: Oskaloosa 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 decreased by 9.5%, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes did not change.

Housing Supply in Oskaloosa, IA

How many homes are available in Oskaloosa, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86-25.0%

Summary: The Oskaloosa real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 54
-20.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The Oskaloosa 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 increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oskaloosa, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Oskaloosa in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Oskaloosa, IA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
1 Day21 Days+2025.0%

Summary: Homes in Oskaloosa had an average of 21 days on market in Oct 2024, up by 2025% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Oskaloosa; 75% of homes were sold within 30 days, 25% 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

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