Is Clear Creek Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Clear Creek Township has remained a Seller's Market.
Key Takeaway
Clear Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clear Creek Township, IA
How much do homes in Clear Creek Township, IA cost?
Median Sold Price
$357,990
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Clear Creek Township have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Clear Creek Township was $357,990 in May 2024, up 9.5% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.4K | - | N/A |
| 2 Bedrooms | $210K | $142K | -32.4% |
| 3 Bedrooms | $292.4K | $306.4K | +4.8% |
| 4 Bedrooms | $352.4K | $364.9K | +3.6% |
| 5+ Bedrooms | $477.9K | $539.9K | +13.0% |
Summary: Clear Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 13%.
Median Sold Price Compared To Nearby Cities
| Coralville | $292.4K | $344K | +17.7% |
| Clear Creek Township | $327K | $357.9K | +9.5% |
| Tiffin | $334.9K | $349.9K | +4.5% |
| North Liberty | $294.4K | $297.5K | +1.0% |
Housing Supply in Clear Creek Township, IA
How many homes are available in Clear Creek Township, IA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 90 | 104 | +15.6% |
Summary: The Clear Creek Township real estate market had 104 homes for sale in May 2024, a 15.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 37 | 39 | +5.4% |
| 4 Bedrooms | 28 | 36 | +28.6% |
| 5+ Bedrooms | 22 | 23 | +4.5% |
Summary: The Clear Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 19 | +137.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clear Creek Township, you may be able to get a good deal. 36.8% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Clear Creek Township in May 2024, up by 137.5% month-over-month. Of the 19 sold homes, 37% were sold under asking, 37% were sold at asking, and 26% were sold over asking.
Days on Market for Clear Creek Township, IA
How long does it take to sell a home in Clear Creek Township, IA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 75 Days | 77 Days | +2.6% |
Summary: Homes in Clear Creek Township had an average of 77 days on market in May 2024, up by 2.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Clear Creek Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 19 homes were sold in Clear Creek Township; 37% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.