$849,000
5.67 Acres
Land
•1 Full Bath
Kate Marlay, Listing Office: Realty ONE Group Impact
Is Story County, 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 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
$284,761
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,595(+3.5%)
Key Takeaway
Homes in Story County have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Story County was $284,761 in October 2024, up 3.5% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $58K | $132K | +127.6% |
| 2 Bedrooms | $181K | $180K | -0.6% |
| 3 Bedrooms | $250K | $264.9K | +6.0% |
| 4 Bedrooms | $348.5K | $365K | +4.7% |
| 5+ Bedrooms | $418.7K | $429.9K | +2.7% |
Summary: Story County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 127.6%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Counties
| Boone County | $187.8K | $206.4K | +9.9% |
| Polk County | $274.3K | $287.7K | +4.9% |
| Story County | $275.1K | $284.7K | +3.5% |
| Marshall County | $172K | $178K | +3.5% |
Housing Supply in Story County, IA
How many homes are available in Story County, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 230 | 244 | +6.1% |
Summary: The Story County real estate market had 244 homes for sale in October 2024, a 6.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 27 | 35 | +29.6% |
| 3 Bedrooms | 72 | 73 | +1.4% |
| 4 Bedrooms | 84 | 86 | +2.4% |
| 5+ Bedrooms | 43 | 47 | +9.3% |
Summary: The Story County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 29.6%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 9.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 51 | +30.8% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
13 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. 51% of homes here sold below asking price last month.
Summary: A total of 51 homes were sold or pending in Story County in October 2024, up by 30.8% month-over-month. Of the 51 sold homes, 51% were sold under asking, 24% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 39 Days | +67.0% |
Summary: Homes in Story County had an average of 39 days on market in Oct 2024, up by 67% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 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 October 2024, 51 homes were sold in Story County; 71% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
