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52240 Housing Market Report May 2025•Johnson County, Iowa
Housing Prices in 52240, IA
How much do homes in 52240, IA cost?
Housing Market Conditions
Is 52240, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
52240 is a Seller's Market
Difference Since May 2024
Since last year, 52240 has remained a Seller's Market.
Insight
52240 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$294,950$182/SqFt
+$29,950
+11.3%
Based on all homes sold in the last 12 months
Insight
Homes in 52240 have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in 52240 was $294,950 in May 2025, up 11.3% from last year, and the median price per square foot was $182.
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $170K | $230K | +35.3% |
| 22 Bedrooms | $156.4K | $193.7K | +23.8% |
| 33 Bedrooms | $237K | $287.5K | +21.3% |
| 44 Bedrooms | $326.7K | $342.5K | +4.8% |
| 55+ Bedrooms | $410K | $474.9K | +15.8% |
Summary: 52240 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +35.3%. The home price for 2 bedroom homes increased by +23.8%. The home price for 3 bedroom homes increased by +21.3%. The home price for 4 bedroom homes increased by +4.8%. The home price for 5 bedroom homes increased by +15.8%.
How does 52240, IA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
52240, IA
Housing supply in 52240, IA
How many homes are available in 52240, IA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 51Last MonthMay 2025 | ||
| 512 months agoApr 2025 | 0.0 % Change MoMApr – May |
Summary: The 52240 real estate market had 51 homes for sale in May 2025, the same as Apr 2025
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 12Last MonthMay 2025 | ||
| 112 months agoApr 2025 | +9.1 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 4 | 4 | 0.0% |
| 22 Bedrooms | 10 | 6 | -40.0% |
| 33 Bedrooms | 17 | 20 | +17.6% |
| 44 Bedrooms | 14 | 11 | -21.4% |
| 55+ Bedrooms | 6 | 10 | +66.7% |
Summary: 52240 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -40.0%. The inventory for 3 bedroom homes increased by +17.6%. The inventory for 4 bedroom homes decreased by -21.4%. The inventory for 5 bedroom homes increased by +66.7%.
Asking Price vs. Sold Price
How much do homes in 52240, IA cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price8 Homes
Insight
If you're buying a home in 52240, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 52240 in May 2025, up by 9.1% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and and 17% were sold over asking.
Days on Market for 52240, IA
How long does it take to sell a home in 52240, IA?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days0 Home
Over 90 Days2 Homes
Insight
Many homes in 52240 are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 12 homes were sold in 52240; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 32 DaysThis YearMay 2025 | ||
| 11 Days1 year agoMay 2024 | +187.2 % Change YoYMay 2024 – May 2025 |
Summary: Homes in 52240 had an average listing age of 32 days in May 2025, up by 187.2% compared to the previous year.
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Newest Listings in 52240, IA
What homes are available in 52240, IA?
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MLS Disclaimers and Copyright
Based on information from Cedar Rapids MLS, for the period 06/01/2023 - 06/01/2025
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. Copyright 2025 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/6/2025, 6:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.