Is Story City, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Story City is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Story City was a Neutral 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

$145,000

$120/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$298,280(-67.3%)

Key Takeaway

Homes in Story City have sold for 67.3% less than they did a month ago.

Summary: The median home sold price in Story City was $145,000 in December 2024, down 67.3% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$145K
N/A
4 --
N/A
5+ $443.2K-
N/A

Summary: Story City 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Story City
-67.3%
Howard Township
-69.3%

Housing Supply in Story City, IA

How many homes are available in Story City, IA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
65-16.7%

Summary: The Story City real estate market had 5 homes for sale in December 2024, a 16.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 11
0.0%
5+ 21
-50.0%

Summary: The Story City 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Story City, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Story City in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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

Nov 2024Dec 2024CHANGE
207 Days3 Days-98.6%

Summary: Homes in Story City had an average of 3 days on market in Dec 2024, down by 98.6% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Story City are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Story City, IA

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