$2,078 Closing Credit*
$175,000
2,226 SqFt
4 Beds
•2 Full Baths
Kevin Kolbe, Listing Office: Ramsey Weeks Real Estate
Is Poweshiek County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Poweshiek County was a Seller's Market.
Key Takeaway
Poweshiek County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Poweshiek County, IA
How much do homes in Poweshiek County, IA cost?
Median Sold Price
$235,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+11.9%)
Key Takeaway
Homes in Poweshiek County have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Poweshiek County was $235,000 in November 2024, up 11.9% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $92.5K | $172.2K | +86.2% |
| 2 Bedrooms | $140K | $193.5K | +38.2% |
| 3 Bedrooms | $245K | $214.9K | -12.3% |
| 4 Bedrooms | $285K | $270K | -5.3% |
| 5+ Bedrooms | $289.5K | $334.7K | +15.6% |
Summary: Poweshiek County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 86.2%, 2 bedroom homes increased by 38.2%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Counties
| Poweshiek County | $210K | $235K | +11.9% |
| Mahaska County | $170K | $185.1K | +8.9% |
| Jasper County | $175K | $187.2K | +7.0% |
Housing Supply in Poweshiek County, IA
How many homes are available in Poweshiek County, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 28 | -40.4% |
Summary: The Poweshiek County real estate market had 28 homes for sale in November 2024, a 40.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 2 | -71.4% |
| 3 Bedrooms | 18 | 12 | -33.3% |
| 4 Bedrooms | 16 | 9 | -43.8% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Poweshiek County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 71.4%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 43.8%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 3 | -81.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Poweshiek County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Poweshiek County in November 2024, down by 81.3% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Poweshiek County, IA
How long does it take to sell a home in Poweshiek County, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 70 Days | 49 Days | -30.2% |
Summary: Homes in Poweshiek County had an average of 49 days on market in Nov 2024, down by 30.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Poweshiek County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Poweshiek County; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.