Iowa's housing market began 2025 with strong gains, showing increased new listings, active inventory, and stable closed sales. January saw 1,870 closed sales, up 4.8% from last year, and new listings rose by 23.9% to 2,956 homes. Active inventory increased by 29.7% to 7,524 homes. The median sales price remained steady at $220,000, while days on the market rose to 34. The townhome and condo market also showed positive trends, with new listings up 42.1%, although closed sales slightly decreased. Overall, the market presents a favorable environment for buyers.
Continue to full article
Leave a Reply