52340 Housing Market Report January 2025•Johnson County, Iowa

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Housing Prices in 52340, IA

How much do homes in 52340, IA cost?

Housing Market Conditions

Is 52340, IA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

52340 is a Buyer's Market

Difference Since January 2024

Since last year, 52340 has remained a Buyer's Market.

Insight

52340 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$364,900$172/SqFt
-$50
0.0%

Based on all homes sold in the last 12 months

Insight

The sold price of homes in 52340 has remained the same since last year.

Summary: The median home sold price in 52340 was $364,900 in January 2025, the same as last year, and the median price per square foot was $172.

Median Sold Price By City

Median Sold Price By City
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
52317
+3.9%
52340
0.0%

Median Sold Price By Bedrooms

Median Sold 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.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2$138K$169.2K
+22.6%
3$304.9K$302.7K
-0.7%
4$365K$364.9K
0.0%
5$498.5K$499.9K
0.3%

Summary: 52340 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +22.6%. The home price for 3 bedroom homes decreased by -0.7%. The home price for 4 bedroom homes decreased by 0.0%. The home price for 5 bedroom homes increased by 0.3%.

Housing supply in 52340, IA

How many homes are available in 52340, 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
45Last MonthJan 2025
402 months agoDec 2024
+12.5 %
Change MoMDec – Jan

Summary: The 52340 real estate market had 45 homes for sale in Jan 2025, a 12.5 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
2Last MonthJan 2025
52 months agoDec 2024
-60.0 %
Change MoMDec – Jan

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.
BedsDec 2024Jan 2025Change MoM
100
0.0%
201
+100.0%
31417
+21.4%
41513
-13.3%
51114
+27.3%

Summary: 52340 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +21.4%. The inventory for 4 bedroom homes decreased by -13.3%. The inventory for 5 bedroom homes increased by +27.3%.

Asking Price vs. Sold Price

How much do homes in 52340, 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 Price0 Home

At Asking Price2 Homes

Under Asking Price0 Home

Insight

If you're buying a home in 52340, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 52340 in January 2025, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for 52340, IA

How long does it take to sell a home in 52340, IA?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in 52340 has remained consistent over time.

Summary: During January 2025, 2 homes were sold in 52340; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
101 DaysThis YearJan 2025
236 Days1 year agoJan 2024
-57.2 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 52340 had an average listing age of 101 days in Jan 2025, down by 57.2% compared to the previous year.

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Newest Listings in 52340, IA

What homes are available in 52340, IA?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Cedar Rapids MLS, for the period 02/01/2023 - 02/01/2025

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: 2/6/2025, 10:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.