Is Bloomington 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, Bloomington Township has remained a Seller's Market.
Housing Prices in Bloomington Township, IA
How much do homes in Bloomington Township, IA cost?
Median Sold Price
$165,000
$108/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Summary: The median home sold price in Bloomington Township was $165,000 in May 2024, the same as last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $46K | $60K | +30.4% |
2 Bedrooms | $129K | $119.7K | -7.2% |
3 Bedrooms | $156.5K | $165K | +5.4% |
4 Bedrooms | $219.9K | $238.5K | +8.4% |
5+ Bedrooms | $351K | $910K | +159.2% |
Summary: Bloomington Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.4%, 2 bedroom homes decreased by 7.2%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 159.2%.
Median Sold Price Compared To Nearby Cities
Muscatine | $165K | $173.1K | +4.9% |
Bloomington Township | $165K | $165K | 0.0% |
Housing Supply in Bloomington Township, IA
How many homes are available in Bloomington Township, IA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Summary: The Bloomington Township real estate market had 14 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 7 | 5 | -28.6% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Bloomington 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 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Bloomington Township in May 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Bloomington Township, IA
How long does it take to sell a home in Bloomington Township, IA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 38 Days | +141.7% |
Summary: Homes in Bloomington Township had an average of 38 days on market in May 2024, up by 141.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Bloomington Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.