Lovell Township Housing Market Report January 2025•Jones County, Iowa

hero building illustration for mobile

Housing Prices in Lovell Township, IA

How much do homes in Lovell Township, IA cost?

Housing Market Conditions

Is Lovell 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

Lovell Township is a Seller's Market

Difference Since January 2024

Since last year, Lovell Township has remained a Seller's Market.

Insight

Lovell 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.
$163,750$110/SqFt
-$750
-0.5%

Based on all homes sold in the last 12 months

Insight

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

Summary: The median home sold price in Lovell Township was $163,750 in January 2025, down 0.5% from last year, and the median price per square foot was $110.

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
Monticello
-0.5%
Lovell Township
-0.5%

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$72.7K-
N/A
2$167.5K$132.4K
-20.9%
3$147K$172.4K
+17.3%
4$182K$162.5K
-10.7%
5$180K$145K
-19.4%

Summary: Lovell Township 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 decreased by -20.9%. The home price for 3 bedroom homes increased by +17.3%. The home price for 4 bedroom homes decreased by -10.7%. The home price for 5 bedroom homes decreased by -19.4%.

Housing supply in Lovell Township, IA

How many homes are available in Lovell 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
6Last MonthJan 2025
72 months agoDec 2024
-14.3 %
Change MoMDec – Jan

Summary: The Lovell Township real estate market had 6 homes for sale in Jan 2025, a 14.3 % decrease 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
3Last MonthJan 2025
12 months agoDec 2024
+200.0 %
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%
232
-33.3%
322
0.0%
411
0.0%
511
0.0%

Summary: Lovell Township 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 decreased by -33.3%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Lovell 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 Price0 Home

At Asking Price0 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Lovell Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Lovell Township in January 2025, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Lovell Township, IA

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

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Many homes in Lovell Township are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 3 homes were sold in Lovell Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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
18 DaysThis YearJan 2025
8 Days1 year agoJan 2024
+133.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Lovell Township had an average listing age of 18 days in Jan 2025, up by 133.3% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Lovell Township, IA

What homes are available in Lovell Township, IA?

See More Listings

Nearby markets

Nearby markets aren't available for Lovell Township, IA

Popular Cities with Homes for Sale in Iowa

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: 2/22/2025, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.