Is Roland, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 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
$240,000
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Key Takeaway
Homes in Roland have sold for 37.1% more than they did a year ago.
Summary: The median home sold price in Roland was $240,000 in October 2024, up 37.1% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $136.5K | -14.7% |
| 3 Bedrooms | $171K | $250K | +46.2% |
| 4 Bedrooms | $284.9K | $240K | -15.8% |
| 5+ Bedrooms | $315K | $579K | +83.8% |
Summary: Roland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.7%, 3 bedroom homes increased by 46.2%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes increased by 83.8%.
Median Sold Price Compared To Nearby Cities
| Roland | $175K | $240K | +37.1% |
| Howard Township | $271.2K | $245K | -9.7% |
Housing Supply in Roland, IA
How many homes are available in Roland, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Summary: The Roland real estate market had 4 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Roland housing inventory by bedroom type for October 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 decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
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 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 October 2024, down by 66.7% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 4 Days | -87.6% |
Summary: Homes in Roland had an average of 4 days on market in Oct 2024, down by 87.6% compared to last year.
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 Roland are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Roland; 100% 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.
