$1,769 Closing Credit*
$149,000
1,404 SqFt
3 Beds
•1 Full Bath
Adam Bugbee, Listing Office: EXP Realty, LLC
Is Spring Valley Township, 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, Spring Valley Township has remained a Seller's Market.
Key Takeaway
Spring Valley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Spring Valley Township, IA
How much do homes in Spring Valley Township, IA cost?
Median Sold Price
$185,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+8.8%)
Key Takeaway
Homes in Spring Valley Township have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Spring Valley Township was $185,000 in November 2024, up 8.8% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $42K | -35.4% |
| 2 Bedrooms | $129.9K | $102K | -21.5% |
| 3 Bedrooms | $173.5K | $198K | +14.1% |
| 4 Bedrooms | $199.9K | $230.7K | +15.4% |
| 5+ Bedrooms | - | $249K | N/A |
Summary: Spring Valley Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.4%, 2 bedroom homes decreased by 21.5%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Spring Valley Township | $170K | $185K | +8.8% |
| Perry | $172.5K | $185.5K | +7.5% |
Housing Supply in Spring Valley Township, IA
How many homes are available in Spring Valley Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 25 | -16.7% |
Summary: The Spring Valley Township real estate market had 25 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 9 | 4 | -55.6% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Spring Valley Township 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 7.7%, 4 bedroom homes decreased by 55.6%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Valley Township, 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 Spring Valley Township in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Spring Valley Township, IA
How long does it take to sell a home in Spring Valley Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 56 Days | +181.3% |
Summary: Homes in Spring Valley Township had an average of 56 days on market in Nov 2024, up by 181.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Spring Valley Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Spring Valley Township; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
