$429,000
1.16 Acres
Land
Carrie Phelps, Listing Office: EXP Realty, LLC
Is Victory Township, 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, Victory Township has remained a Seller's Market.
Key Takeaway
Victory Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Victory Township, IA
How much do homes in Victory Township, IA cost?
Median Sold Price
$675,000
$441/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,288(+1.7%)
Key Takeaway
Homes in Victory Township have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Victory Township was $675,000 in November 2024, up 1.7% from last year, and the median price per square foot was $441.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $320K | $386.6K | +20.8% |
| 3 Bedrooms | $700K | $593K | -15.3% |
| 4 Bedrooms | $671.4K | $758.2K | +12.9% |
| 5+ Bedrooms | $1.0M | $1.2M | +15.9% |
Summary: Victory Township 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 increased by 20.8%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 15.9%.
Housing Supply in Victory Township, IA
How many homes are available in Victory Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Victory Township real estate market had 7 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Victory Township 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Victory Township, 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 Victory Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Victory Township, IA
How long does it take to sell a home in Victory Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 15 Days | +16.2% |
Summary: Homes in Victory Township had an average of 15 days on market in Nov 2024, up by 16.2% 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 Victory Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Victory Township; 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.
