$1,532 Closing Credit*
$129,000
1,606 SqFt
3 Beds
•1 Full Bath
Cindy Michael, Listing Office: Johnson Real Estate
Is Vinton, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Vinton was a Seller's Market.
Key Takeaway
Vinton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Vinton, IA
How much do homes in Vinton, IA cost?
Median Sold Price
$170,750
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,750(+10.2%)
Key Takeaway
Homes in Vinton have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Vinton was $170,750 in November 2024, up 10.2% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $81.5K | $51K | -37.4% |
| 2 Bedrooms | $124.9K | $146.3K | +17.1% |
| 3 Bedrooms | $170K | $175K | +2.9% |
| 4 Bedrooms | $162.5K | $217.2K | +33.7% |
| 5+ Bedrooms | $340K | $380K | +11.8% |
Summary: Vinton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.4%, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 33.7%, and 5+ bedroom homes increased by 11.8%.
Housing Supply in Vinton, IA
How many homes are available in Vinton, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 29 | -21.6% |
Summary: The Vinton real estate market had 29 homes for sale in November 2024, a 21.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 18 | 12 | -33.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Vinton 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 14.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 2 | -81.8% |
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 Vinton, 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 Vinton in November 2024, down by 81.8% 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 Vinton, IA
How long does it take to sell a home in Vinton, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 38 Days | -41.3% |
Summary: Homes in Vinton had an average of 38 days on market in Nov 2024, down by 41.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Vinton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Vinton; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.