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 20 Days Ago

Newest Listings in Yell Township, IA

Nearby Markets to Yell Township, IA

What housing markets are near Yell Township, IA?