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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yell Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Yell Township was a Seller's Market.

Key Takeaway

Yell 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 Yell Township, IA

How much do homes in Yell Township, IA cost?

Median Sold Price

$116,000

$135/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$59,000(-33.7%)

Key Takeaway

Homes in Yell Township have sold for 33.7% less than they did a month ago.

Summary: The median home sold price in Yell Township was $116,000 in October 2024, down 33.7% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $185K$116K
-37.3%
3 $162.5K-
N/A
4 --
N/A
5+ --
N/A

Summary: Yell Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Yell Township
-33.7%
Ogden
-35.6%

Housing Supply in Yell Township, IA

How many homes are available in Yell Township, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
107-30.0%

Summary: The Yell Township real estate market had 7 homes for sale in October 2024, a 30.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 53
-40.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Yell 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 decreased by 33.3%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yell 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 Yell Township in October 2024, down by 66.7% 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 Yell Township, IA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
35 Days5 Days-86.0%

Summary: Homes in Yell Township had an average of 5 days on market in Oct 2024, down by 86% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Yell Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Yell 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 4 Days Ago

Newest Listings in Yell Township, IA

Nearby Markets to Yell Township, IA

What housing markets are near Yell Township, IA?