Is Spring Rock Township, 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, Spring Rock Township has remained a Seller's Market.
Key Takeaway
Spring Rock Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Spring Rock Township, IA
How much do homes in Spring Rock Township, IA cost?
Median Sold Price
$62,000
$51/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
Key Takeaway
Homes in Spring Rock Township have sold for 57.5% less than they did a month ago.
Summary: The median home sold price in Spring Rock Township was $62,000 in December 2024, down 57.5% from last month, and the median price per square foot was $51.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $146.5K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $145K | $62K | -57.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Spring Rock Township housing prices by bedroom type for December 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 decreased by 57.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Springfield Township | $364K | $169K | -53.6% |
| Spring Rock Township | $145.7K | $62K | -57.5% |
| Wheatland | $145.7K | $62K | -57.5% |
Housing Supply in Spring Rock Township, IA
How many homes are available in Spring Rock Township, IA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Summary: The Spring Rock Township real estate market had 1 homes for sale in December 2024, a 66.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Spring Rock Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -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
Key Takeaway
If you're buying a home in Spring Rock Township, 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 Spring Rock Township in December 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 Spring Rock Township, IA
How long does it take to sell a home in Spring Rock Township, IA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 22 Days | 7 Days | -68.2% |
Summary: Homes in Spring Rock Township had an average of 7 days on market in Dec 2024, down by 68.2% compared to last month.
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 Spring Rock Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Spring Rock Township; 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.
