$1,651 Closing Credit*
$139,000
686 SqFt
2 Beds
•1 Full Bath
Adam Bentz, Listing Office: Agency Iowa
Is Story County, 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, Story County has remained a Seller's Market.
Key Takeaway
Story County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Story County, IA
How much do homes in Story County, IA cost?
Median Sold Price
$285,250
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,250(+1.9%)
Key Takeaway
Homes in Story County have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Story County was $285,250 in November 2024, up 1.9% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $58K | $132K | +127.6% |
| 2 Bedrooms | $181K | $185K | +2.2% |
| 3 Bedrooms | $253.5K | $266K | +4.9% |
| 4 Bedrooms | $355.5K | $365.4K | +2.8% |
| 5+ Bedrooms | $421.9K | $434.9K | +3.1% |
Summary: Story County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 127.6%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Counties
| Marshall County | $160K | $180K | +12.5% |
| Boone County | $190K | $213.2K | +12.2% |
| Polk County | $275.2K | $290.1K | +5.4% |
| Story County | $280K | $285.2K | +1.9% |
Housing Supply in Story County, IA
How many homes are available in Story County, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 258 | 215 | -16.7% |
Summary: The Story County real estate market had 215 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 | 3 | 1 | -66.7% |
| 2 Bedrooms | 36 | 23 | -36.1% |
| 3 Bedrooms | 80 | 71 | -11.3% |
| 4 Bedrooms | 87 | 75 | -13.8% |
| 5+ Bedrooms | 52 | 45 | -13.5% |
Summary: The Story County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 36.1%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes decreased by 13.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 37 | -37.3% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Story County, you may be able to get a good deal. 70.3% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Story County in November 2024, down by 37.3% month-over-month. Of the 37 sold homes, 70% were sold under asking, 19% were sold at asking, and 11% were sold over asking.
Days on Market for Story County, IA
How long does it take to sell a home in Story County, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 53 Days | +53.9% |
Summary: Homes in Story County had an average of 53 days on market in Nov 2024, up by 53.9% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Story County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 37 homes were sold in Story County; 59% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
