$3,444 Closing Credit*
$289,990
1,249 SqFt
3 Beds
•1 Full Bath
Rob Burditt, Listing Office: Hubbell Homes of Iowa, LLC
Is Warren County, 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, Warren County was a Seller's Market.
Key Takeaway
Warren County 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 Warren County, IA
How much do homes in Warren County, IA cost?
Median Sold Price
$316,244
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,299(+5.4%)
Key Takeaway
Homes in Warren County have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Warren County was $316,244 in November 2024, up 5.4% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $357.5K | +240.5% |
| 2 Bedrooms | $201.5K | $189K | -6.2% |
| 3 Bedrooms | $273K | $275K | +0.7% |
| 4 Bedrooms | $343.2K | $349.9K | +2.0% |
| 5+ Bedrooms | $516.5K | $495K | -4.2% |
Summary: Warren County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 240.5%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 4.2%.
Median Sold Price Compared To Nearby Counties
| Warren County | $299.9K | $316.2K | +5.4% |
| Polk County | $275.2K | $290.1K | +5.4% |
| Madison County | $262.5K | $275K | +4.8% |
| Marion County | $266.4K | $260K | -2.4% |
| Lucas County | $153.5K | $128.5K | -16.3% |
Housing Supply in Warren County, IA
How many homes are available in Warren County, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 370 | 353 | -4.6% |
Summary: The Warren County real estate market had 353 homes for sale in November 2024, a 4.6% 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 | 32 | 24 | -25.0% |
| 3 Bedrooms | 174 | 169 | -2.9% |
| 4 Bedrooms | 114 | 108 | -5.3% |
| 5+ Bedrooms | 47 | 49 | +4.3% |
Summary: The Warren County 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 25%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 74 | 53 | -28.4% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Warren County, you may be able to get a good deal. 45.3% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in Warren County in November 2024, down by 28.4% month-over-month. Of the 53 sold homes, 45% were sold under asking, 36% were sold at asking, and 19% were sold over asking.
Days on Market for Warren County, IA
How long does it take to sell a home in Warren County, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 59 Days | 64 Days | +9.2% |
Summary: Homes in Warren County had an average of 64 days on market in Nov 2024, up by 9.2% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Warren County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 53 homes were sold in Warren County; 58% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
