$3,551 Closing Credit*
$299,000
1,382 SqFt
3 Beds
•2 Full Baths
Kane Powell, Listing Office: Lake Panorama Realty
Is Victory Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Victory Township was a Buyer's Market.
Key Takeaway
Victory Township 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 Victory Township, IA
How much do homes in Victory Township, IA cost?
Median Sold Price
$650,000
$438/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,338(+4.4%)
Key Takeaway
Homes in Victory Township have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Victory Township was $650,000 in October 2024, up 4.4% from last year, and the median price per square foot was $438.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $320K | $386.6K | +20.8% |
| 3 Bedrooms | $627.4K | $619K | -1.3% |
| 4 Bedrooms | $671.4K | $700K | +4.3% |
| 5+ Bedrooms | $1.1M | $965K | -17.9% |
Summary: Victory 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 20.8%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 17.9%.
Housing Supply in Victory Township, IA
How many homes are available in Victory Township, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Victory Township real estate market had 7 homes for sale in October 2024, a 22.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Victory 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were 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 could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Victory Township in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 83 Days | +137.1% |
Summary: Homes in Victory Township had an average of 83 days on market in Oct 2024, up by 137.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Victory Township has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Victory Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
