Is Stuart, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stuart is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Stuart has remained a Seller's Market.

Key Takeaway

Stuart is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Stuart, IA

How much do homes in Stuart, IA cost?

Median Sold Price

$269,900

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$57,400(+27.0%)

Key Takeaway

Homes in Stuart have sold for 27% more than they did a year ago.

Summary: The median home sold price in Stuart was $269,900 in October 2024, up 27% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $22.6K-
N/A
2 $166.4K$167K
0.3%
3 $238K$269.9K
+13.4%
4 $267.4K$291.9K
+9.2%
5+ $240K$337.7K
+40.7%

Summary: Stuart 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 0.3%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 40.7%.

Median Sold Price Compared To Nearby Cities

Stuart
+27.0%
Stuart Township
+27.0%

Housing Supply in Stuart, IA

How many homes are available in Stuart, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1815-16.7%

Summary: The Stuart real estate market had 15 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 97
-22.2%
4 33
0.0%
5+ 11
0.0%

Summary: The Stuart 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 decreased by 20%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stuart, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Stuart in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Stuart, IA

How long does it take to sell a home in Stuart, IA?

Average Sale Time

Oct 2023Oct 2024CHANGE
50 Days16 Days-67.8%

Summary: Homes in Stuart had an average of 16 days on market in Oct 2024, down by 67.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Stuart; 75% of homes were sold within 30 days, 25% 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 Stuart, IA

Nearby Markets to Stuart, IA