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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stuart Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Stuart Township, IA

How much do homes in Stuart Township, 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 Township have sold for 27% more than they did a year ago.

Summary: The median home sold price in Stuart Township 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 Township 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 Township
+27.0%
Stuart
+27.0%

Housing Supply in Stuart Township, IA

How many homes are available in Stuart Township, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1815-16.7%

Summary: The Stuart Township 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 Township 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 Township, 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 Township 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 Township, IA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
50 Days16 Days-67.8%

Summary: Homes in Stuart Township 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Stuart Township; 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 Township, IA

Nearby Markets to Stuart Township, IA

What housing markets are near Stuart Township, IA?