Knoxville Township Housing Market Report February 2025•Marion County, Iowa

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Housing Prices in Knoxville Township, IA

How much do homes in Knoxville Township, IA cost?

Housing Market Conditions

Is Knoxville Township, 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

Knoxville Township is a Seller's Market

Difference Since February 2024

At the same time last year, Knoxville Township was a Neutral Market.

Insight

Knoxville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$202,900$166/SqFt
+$20,650
+11.3%

Based on all homes sold in the last 12 months

Insight

Homes in Knoxville Township have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in Knoxville Township was $202,900 in February 2025, up 11.3% from last year, and the median price per square foot was $166.

Median Sold Price By Cities

Median Sold Price By Cities
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
Knoxville
+11.3%
Knoxville Township
+11.3%

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.
BedsFeb 2024Feb 2025Change YoY
1$104.1K$162.5K
+56.0%
2$119.9K$144K
+20.1%
3$189K$211.5K
+11.9%
4$251.7K$260K
+3.3%
5$225K$157.7K
-29.9%

Summary: Knoxville Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +56.0%. The home price for 2 bedroom homes increased by +20.1%. The home price for 3 bedroom homes increased by +11.9%. The home price for 4 bedroom homes increased by +3.3%. The home price for 5 bedroom homes decreased by -29.9%.

Housing supply in Knoxville Township, IA

How many homes are available in Knoxville Township, 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
46Last MonthFeb 2025
502 months agoJan 2025
-8.0 %
Change MoMJan – Feb

Summary: The Knoxville Township real estate market had 46 homes for sale in Feb 2025, a 8.0 % decrease compared to Jan 2025.

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
9Last MonthFeb 2025
72 months agoJan 2025
+28.6 %
Change MoMJan – Feb

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
120
-100.0%
267
+16.7%
32622
-15.4%
41011
+10.0%
566
0.0%

Summary: Knoxville Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes decreased by -15.4%. The inventory for 4 bedroom homes increased by +10.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Knoxville Township, 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 Price3 Homes

Under Asking Price5 Homes

Insight

If you're buying a home in Knoxville Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Knoxville Township in February 2025, up by 28.6% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and and 11% were sold over asking.

Days on Market for Knoxville Township, IA

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

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days5 Homes

Over 90 Days2 Homes

Insight

Avg time on Rocket Homes in Knoxville Township has remained consistent over time.

Summary: During February 2025, 9 homes were sold in Knoxville Township; 22% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 22% 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
70 DaysThis YearFeb 2025
68 Days1 year agoFeb 2024
+3.1 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Knoxville Township had an average listing age of 70 days in Feb 2025, up by 3.1% compared to the previous year.

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Newest Listings in Knoxville Township, IA

What homes are available in Knoxville Township, IA?

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MLS Disclaimers and Copyright

Based on information from Des Moines MLS, for the period 03/01/2023 - 03/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines 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 deemed reliable but not guaranteed. Copyright© 2025 Des Moines 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: 3/9/2025, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.