Lucas Burrington, Listing Office: Burrington Real Estate
Linn County Housing Market Report December 2024•Linn County, Iowa
Housing Prices in Linn County, IA
How much do homes in Linn County, IA cost?
Housing Market Conditions
Is Linn County, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Linn County is a Seller's Market
Difference Since December 2023
Since last year, Linn County has remained a Seller's Market.
Linn County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Linn County have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Linn County was $221,074 in December 2024, up 10.1% from last year, and the median price per square foot was $132.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Linn County | $200.8K | $221K | +10.1% |
Cedar County | $186K | $197.5K | +6.2% |
Johnson County | $324.9K | $334.8K | +3.0% |
Benton County | $185K | $184.5K | -0.3% |
Jones County | $196.5K | $165.2K | -15.9% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $89.9K | $107.7K | +19.9% |
22 Bedrooms | $139.9K | $147.6K | +5.5% |
33 Bedrooms | $194.9K | $212.3K | +8.9% |
44 Bedrooms | $290K | $301.9K | +4.1% |
55+ Bedrooms | $433.5K | $436.5K | +0.7% |
Summary: Linn County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +19.9%. The home price for 2 bedroom homes increased by +5.5%. The home price for 3 bedroom homes increased by +8.9%. The home price for 4 bedroom homes increased by +4.1%. The home price for 5 bedroom homes increased by +0.7%.
Housing supply in Linn County, IA
How many homes are available in Linn County, IA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
901Last MonthDec 2024 | ||
1,0412 months agoNov 2024 | -13.4 % Change MoMNov – Dec |
Summary: The Linn County real estate market had 901 homes for sale in Dec 2024, a 13.4 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
231Last MonthDec 2024 | ||
2472 months agoNov 2024 | -6.5 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 9 | 8 | -11.1% |
22 Bedrooms | 212 | 179 | -15.6% |
33 Bedrooms | 468 | 407 | -13.0% |
44 Bedrooms | 251 | 219 | -12.7% |
55+ Bedrooms | 101 | 88 | -12.9% |
Summary: Linn County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -11.1%. The inventory for 2 bedroom homes decreased by -15.6%. The inventory for 3 bedroom homes decreased by -13.0%. The inventory for 4 bedroom homes decreased by -12.7%. The inventory for 5 bedroom homes decreased by -12.9%.
Asking Price vs. Sold Price
How much do homes in Linn County, IA cost?
Over Asking Price47 Homes
At Asking Price48 Homes
Under Asking Price136 Homes
If you're buying a home in Linn County, you may be able to get a good deal. 58.9% of homes here sold below asking price last month.
Summary: A total of 231 homes were sold or pending in Linn County in December 2024, down by 6.5% month-over-month. Of the 231 sold homes, 59% were sold under asking, 21% were sold at asking, and and 20% were sold over asking.
Days on Market for Linn County, IA
How long does it take to sell a home in Linn County, IA?
Breakdown of Home Sale Times
Under 30 Days134 Homes
30 – 90 Days67 Homes
Over 90 Days26 Homes
Many homes in Linn County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 231 homes were sold in Linn County; 58% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
40 DaysThis YearDec 2024 | ||
30 Days1 year agoDec 2023 | +30.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Linn County had an average listing age of 40 days in Dec 2024, up by 30.6% compared to the previous year.
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Newest Listings in Linn County, IA
What homes are available in Linn County, IA?
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MLS Disclaimers and Copyright
Based on information from Cedar Rapids MLS, for the period 01/01/2023 - 01/01/2025
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: 1/17/2025, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.