$669,900
2.82 Acres
Land
•2 Full Baths
Kaity Gale, Listing Office: Goodall Properties LLC
Is Otter Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Otter Township has remained a Seller's Market.
Key Takeaway
Otter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Otter Township, IA
How much do homes in Otter Township, IA cost?
Median Sold Price
$480,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$81,000(+20.3%)
Key Takeaway
Homes in Otter Township have sold for 20.3% more than they did a year ago.
Summary: The median home sold price in Otter Township was $480,000 in November 2024, up 20.3% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $138K | $65K | -52.9% |
| 3 Bedrooms | $362.3K | $502.5K | +38.7% |
| 4 Bedrooms | $427K | $1.2M | +181.0% |
| 5+ Bedrooms | $346K | $425K | +22.8% |
Summary: Otter Township 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 52.9%, 3 bedroom homes increased by 38.7%, 4 bedroom homes increased by 181%, and 5+ bedroom homes increased by 22.8%.
Housing Supply in Otter Township, IA
How many homes are available in Otter Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Summary: The Otter Township real estate market had 4 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Otter 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Otter Township, 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 Otter Township in November 2024, up by 100.0% 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 Otter Township, IA
How long does it take to sell a home in Otter Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 58 Days | +46.2% |
Summary: Homes in Otter Township had an average of 58 days on market in Nov 2024, up by 46.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Otter Township has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Otter Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
