$2,255 Closing Credit*
$189,900
840 SqFt
3 Beds
•1 Full Bath
Michelle Greene, Listing Office: Realty ONE Group Impact
Is Sheridan Gardens, 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, Sheridan Gardens has remained a Seller's Market.
Key Takeaway
Sheridan Gardens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sheridan Gardens, IA
How much do homes in Sheridan Gardens, IA cost?
Median Sold Price
$215,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,000(+1.4%)
Key Takeaway
Homes in Sheridan Gardens have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Sheridan Gardens was $215,000 in November 2024, up 1.4% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105.9K | - | N/A |
| 2 Bedrooms | $143K | $176.2K | +23.3% |
| 3 Bedrooms | $220K | $220K | 0.0% |
| 4 Bedrooms | $230K | $237.4K | +3.2% |
| 5+ Bedrooms | $327.8K | $251K | -23.5% |
Summary: Sheridan Gardens 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 increased by 23.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 23.5%.
Housing Supply in Sheridan Gardens, IA
How many homes are available in Sheridan Gardens, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Summary: The Sheridan Gardens real estate market had 32 homes for sale in November 2024, a 6.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 17 | 22 | +29.4% |
| 4 Bedrooms | 6 | 2 | -66.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Sheridan Gardens 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 increased by 29.4%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sheridan Gardens, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Sheridan Gardens in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Sheridan Gardens, IA
How long does it take to sell a home in Sheridan Gardens, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 13 Days | -62.7% |
Summary: Homes in Sheridan Gardens had an average of 13 days on market in Nov 2024, down by 62.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sheridan Gardens are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Sheridan Gardens; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
