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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roland is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Roland has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Roland, IA

How much do homes in Roland, IA cost?

Median Sold Price

$579,000

$293/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$351,000(+153.9%)

Key Takeaway

Homes in Roland have sold for 153.9% more than they did a month ago.

Summary: The median home sold price in Roland was $579,000 in August 2024, up 153.9% from last month, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 --
N/A
3 $255K-
N/A
4 $201K-
N/A
5+ -$579K
N/A

Summary: Roland housing prices by bedroom type for August 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Roland
+153.9%
Howard Township
+153.9%

Housing Supply in Roland, IA

How many homes are available in Roland, IA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
63-50.0%

Summary: The Roland real estate market had 3 homes for sale in August 2024, a 50.0% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 10
-100.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Roland housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roland, 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 Roland in August 2024, down by 50.0% 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 Roland, IA

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

Average Sale Time

Jul 2024Aug 2024CHANGE
5 Days91 Days+1720.0%

Summary: Homes in Roland had an average of 91 days on market in Aug 2024, up by 1720% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Roland are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During August 2024, 1 homes were sold in Roland; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 15 Days Ago

Newest Listings in Roland, IA