$1,950,000
13.46 Acres
Land
•2 Full Baths, 1 Partial
Marc Olson, Listing Office: Re/max Concepts-Nevada
Is Story City, 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, Story City has remained a Seller's Market.
Key Takeaway
Story City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Story City, IA
How much do homes in Story City, IA cost?
Median Sold Price
$239,950
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,050(-2.1%)
Key Takeaway
Homes in Story City have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Story City was $239,950 in October 2024, down 2.1% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $58K | - | N/A |
| 2 Bedrooms | $125.5K | $192K | +53.0% |
| 3 Bedrooms | $229.2K | $225K | -1.9% |
| 4 Bedrooms | $370K | $369.9K | 0% |
| 5+ Bedrooms | $502.7K | $283K | -43.7% |
Summary: Story City 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 increased by 53%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 43.7%.
Median Sold Price Compared To Nearby Cities
| Lafayette Township | $205K | $228K | +11.2% |
| Story City | $245K | $239.9K | -2.1% |
| Howard Township | $271.2K | $245K | -9.7% |
Housing Supply in Story City, IA
How many homes are available in Story City, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Story City real estate market had 9 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Story City 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 increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Story City, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Story City in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Story City, IA
How long does it take to sell a home in Story City, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 7 Days | -90.1% |
Summary: Homes in Story City had an average of 7 days on market in Oct 2024, down by 90.1% compared to last year.
Breakdown of Home Sale Times
2 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 Story City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Story City; 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.
