52240 Housing Market Report February 2025Johnson County, Iowa

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Housing Prices in 52240, IA

How much do homes in 52240, IA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$299,963$188/SqFt
-$18
0.0%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 52240 has remained the same since last year.

Summary: The median home list price in 52240 was $299,963 in February 2025, the same as the previous year, and the median price per square foot was $188.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
52245
+3.7%
52246
+2.7%
52240
0.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$165K$299.9K
+81.8%
2$150K$198.1K
+32.1%
3$252.5K$282K
+11.7%
4$342.4K$365K
+6.6%
5$449.9K$484.9K
+7.8%

Summary: 52240 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +81.8%. The home price for 2 bedroom homes increased by +32.1%. The home price for 3 bedroom homes increased by +11.7%. The home price for 4 bedroom homes increased by +6.6%. The home price for 5 bedroom homes increased by +7.8%.

Housing supply in 52240, IA

How many homes are available in 52240, IA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
39Last MonthFeb 2025
312 months agoJan 2025
+25.8 %
Change MoMJan – Feb

Summary: The 52240 real estate market had 39 homes for sale in Feb 2025, a 25.8 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
133
0.0%
246
+50.0%
31517
+13.3%
469
+50.0%
534
+33.3%

Summary: 52240 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +13.3%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes increased by +33.3%.

Asking Price vs. Sold Price

How much do homes in 52240, IA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price1 Home

Under Asking Price4 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 6 homes were sold or pending in 52240 in February 2025, up by 100.0% month-over-month. Of the 6 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 Days2 Homes

30 – 90 Days3 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in 52240 has remained consistent over time.

Summary: During February 2025, 6 homes were sold in 52240; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
60 DaysThis YearFeb 2025
147 Days1 year agoFeb 2024
-59.1 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 52240 had an average listing age of 60 days in Feb 2025, down by 59.1% compared to the previous year.

Newest Listings in 52240, IA

What homes are available in 52240, IA?

MLS Disclaimers and Copyright

Based on information from Cedar Rapids MLS, for the period 03/01/2023 - 03/01/2025

IDXProvided 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: 3/11/2025, 10:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.