$2,256 Closing Credit*
$190,000
1,178 SqFt
3 Beds
•1 Full Bath, 1 Partial
Rachel Koth, Listing Office: Keller Williams Legacy Group
Is Otter Creek Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Otter Creek Township has remained a Seller's Market.
Key Takeaway
Otter Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Otter Creek Township, IA
How much do homes in Otter Creek Township, IA cost?
Median Sold Price
$472,000
$252/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$308,000(+187.8%)
Key Takeaway
Homes in Otter Creek Township have sold for 187.8% more than they did a month ago.
Summary: The median home sold price in Otter Creek Township was $472,000 in November 2024, up 187.8% from last month, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $145K | - | N/A |
| 3 Bedrooms | $183K | $504K | +175.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $440K | N/A |
Summary: Otter Creek Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 175.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Otter Creek Township | $164K | $472K | +187.8% |
| Alburnett | $164K | $440K | +168.3% |
Housing Supply in Otter Creek Township, IA
How many homes are available in Otter Creek Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Otter Creek Township real estate market had 5 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Otter Creek Township 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Otter Creek Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Otter Creek Township in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Otter Creek Township, IA
We’re sorry, we don't have information for this market at the moment
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
Key Takeaway
Many homes in Otter Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Otter Creek Township; 50% 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.
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.