$105,000
7.00 Acres
Land
Shane Spyksma, Listing Office: Kiloterra
Is Stuart, 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, Stuart has remained a Neutral Market.
Key Takeaway
Stuart is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Stuart, IA
How much do homes in Stuart, IA cost?
Median Sold Price
$267,450
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$57,450(+27.4%)
Key Takeaway
Homes in Stuart have sold for 27.4% more than they did a year ago.
Summary: The median home sold price in Stuart was $267,450 in November 2024, up 27.4% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $22.6K | - | N/A |
| 2 Bedrooms | $175.9K | $167K | -5.1% |
| 3 Bedrooms | $238K | $269.9K | +13.4% |
| 4 Bedrooms | $216.9K | $277.5K | +27.9% |
| 5+ Bedrooms | $266.9K | $337.7K | +26.5% |
Summary: Stuart housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 27.9%, and 5+ bedroom homes increased by 26.5%.
Median Sold Price Compared To Nearby Cities
| Stuart | $210K | $267.4K | +27.4% |
| Stuart Township | $210K | $267.4K | +27.4% |
Housing Supply in Stuart, IA
How many homes are available in Stuart, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The Stuart real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Stuart housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stuart, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Stuart in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 26 Days | +420.0% |
Summary: Homes in Stuart had an average of 26 days on market in Nov 2024, up by 420% 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 Stuart are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Stuart; 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.
