$2,019 Closing Credit*
$170,000
1,008 SqFt
2 Beds
•1 Full Bath
Chris Behun, Listing Office: Iowa Realty Newton
Is Sully, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Sully has remained a Seller's Market.
Key Takeaway
Sully is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sully, IA
How much do homes in Sully, IA cost?
Median Sold Price
$177,500
$148/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$29,500(-14.3%)
Key Takeaway
Homes in Sully have sold for 14.3% less than they did a month ago.
Summary: The median home sold price in Sully was $177,500 in November 2024, down 14.3% from last month, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $145K | -32.6% |
| 3 Bedrooms | $173.5K | $210K | +21.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Sully housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.6%, 3 bedroom homes increased by 21%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Sully, IA
How many homes are available in Sully, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Summary: The Sully real estate market had 4 homes for sale in November 2024, a 50.0% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Sully 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 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sully, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Sully in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Sully, IA
How long does it take to sell a home in Sully, IA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 90 Days | +748.4% |
Summary: Homes in Sully had an average of 90 days on market in Nov 2024, up by 748.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sully are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Sully; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
