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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Virginia Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Virginia Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Virginia Township, IA

How much do homes in Virginia Township, IA cost?

Median Sold Price

$479,495

$302/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$129,495(+37.0%)

Key Takeaway

Homes in Virginia Township have sold for 37% more than they did a month ago.

Summary: The median home sold price in Virginia Township was $479,495 in November 2024, up 37% from last month, and the median price per square foot was $302.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $350K-
N/A
2 --
N/A
3 -$479.4K
N/A
4 --
N/A
5+ --
N/A

Summary: Virginia Township 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Virginia Township, IA

How many homes are available in Virginia Township, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
65-16.7%

Summary: The Virginia Township real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 54
-20.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Virginia Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Virginia Township, 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 Virginia Township in November 2024, up by 100.0% 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 Virginia Township, IA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
4 Days7 Days+87.5%

Summary: Homes in Virginia Township had an average of 7 days on market in Nov 2024, up by 87.5% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Virginia Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Virginia 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Virginia Township, IA

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