$2,553 Closing Credit*
$215,000
960 SqFt
1 Bed
•1 Full Bath, 1 Partial
Steve Widmer, Listing Office: RE/MAX Precision
Is Poweshiek County, 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, Poweshiek County has remained a Seller's Market.
Key Takeaway
Poweshiek County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Poweshiek County, IA
How much do homes in Poweshiek County, IA cost?
Median Sold Price
$327,500
$179/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$92,500(+39.4%)
Key Takeaway
Homes in Poweshiek County have sold for 39.4% more than they did a month ago.
Summary: The median home sold price in Poweshiek County was $327,500 in October 2024, up 39.4% from last month, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $182.5K | $370K | +102.7% |
| 3 Bedrooms | $479K | $300K | -37.4% |
| 4 Bedrooms | $229.5K | $255K | +11.1% |
| 5+ Bedrooms | $257.5K | - | N/A |
Summary: Poweshiek County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 102.7%, 3 bedroom homes decreased by 37.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes did not change.
Housing Supply in Poweshiek County, IA
How many homes are available in Poweshiek County, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 46 | -8.0% |
Summary: The Poweshiek County real estate market had 46 homes for sale in October 2024, a 8.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 12 | 8 | -33.3% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Poweshiek County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 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. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Poweshiek County in October 2024, up by 55.6% month-over-month. Of the 14 sold homes, 64% were sold under asking, 29% were sold at asking, and 7% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 54 Days | +66.0% |
Summary: Homes in Poweshiek County had an average of 54 days on market in Oct 2024, up by 66% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Poweshiek County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Poweshiek County; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% 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.