$2,789 Closing Credit*
$234,900
1,047 SqFt
3 Beds
•1 Full Bath, 1 Partial
Ryan Rivera, Listing Office: Zealty Home Advisors
Is Sheridan Gardens, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 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
$212,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$8,500(+4.2%)
Key Takeaway
Homes in Sheridan Gardens have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Sheridan Gardens was $212,000 in August 2024, up 4.2% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $105.9K | +5.9% |
| 2 Bedrooms | $150K | $176.2K | +17.5% |
| 3 Bedrooms | $210K | $215K | +2.4% |
| 4 Bedrooms | $221.2K | $240K | +8.5% |
| 5+ Bedrooms | $252.5K | $254.9K | +1.0% |
Summary: Sheridan Gardens housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Neighborhoods
| Gray's Woods | $165K | $191.9K | +16.3% |
| Sheridan Gardens | $203.5K | $212K | +4.2% |
Housing Supply in Sheridan Gardens, IA
How many homes are available in Sheridan Gardens, IA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 30 | 25 | -16.7% |
Summary: The Sheridan Gardens real estate market had 25 homes for sale in August 2024, a 16.7% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 20 | 15 | -25.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Sheridan Gardens 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 increased by 25%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 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. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Sheridan Gardens in August 2024, the same as the previous month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 15 Days | 11 Days | -25.9% |
Summary: Homes in Sheridan Gardens had an average of 11 days on market in Aug 2024, down by 25.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were 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 August 2024, 8 homes were sold in Sheridan Gardens; 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.
