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$879 Closing Credit¹
#2406262, Jaime Burczek-PSN Homes, Listing Office: SKOGMAN REALTY
Marengo Township Housing Market Report January 2025•Iowa County, Iowa
Housing Prices in Marengo Township, IA
How much do homes in Marengo Township, IA cost?
Housing Market Conditions
Is Marengo Township, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Marengo Township is a Seller's Market
Difference Since December 2024
Last month, Marengo Township has remained a Seller's Market.
Insight
Marengo Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$282,500$127/SqFt
+$197,550
+232.5%
Based on all homes sold in January 2025
Insight
Homes in Marengo Township have sold for 232.5% more than they did a month ago.
Summary: The median home sold price in Marengo Township was $282,500 in January 2025, up 232.5% from last month, and the median price per square foot was $127.
Median Sold Price By City
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Marengo | $84.9K | $282.5K | +232.5% |
| Marengo Township | $84.9K | $282.5K | +232.5% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $510K | N/A |
| 33 Bedrooms | $84.9K | $365K | +329.7% |
| 44 Bedrooms | - | $50K | N/A |
| 55+ Bedrooms | - | $200K | N/A |
Summary: Marengo 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 did not change. The home price for 3 bedroom homes increased by +329.7%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Marengo Township, IA
How many homes are available in Marengo Township, IA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthJan 2025 | ||
| 92 months agoDec 2024 | -33.3 % Change MoMDec – Jan |
Summary: The Marengo Township real estate market had 6 homes for sale in Jan 2025, a 33.3 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJan 2025 | ||
| 22 months agoDec 2024 | +100.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 3 | 2 | -33.3% |
| 33 Bedrooms | 4 | 2 | -50.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Marengo 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 decreased by -50.0%. 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 Marengo Township, IA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price4 Homes
Insight
If you're buying a home in Marengo Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Marengo Township in January 2025, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Marengo Township, IA
How long does it take to sell a home in Marengo Township, IA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days1 Home
Insight
Avg time on Rocket Homes in Marengo Township has remained consistent over time.
Summary: During January 2025, 4 homes were sold in Marengo Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 61 DaysLast MonthJan 2025 | ||
| 18 Days1 month agoDec 2024 | +240.3 % Change MoMDec – Jan |
Summary: Homes in Marengo Township had an average listing age of 61 days in Jan 2025, up by 240.3% compared to the previous month.
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Newest Listings in Marengo Township, IA
What homes are available in Marengo Township, IA?
Video tour
$813 Closing Credit¹
#2403477, Julie Howe, Listing Office: Sandersfeld Realty Company
Nearby markets
Nearby markets aren't available for Marengo Township, IA
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MLS Disclaimers and Copyright
Based on information from Cedar Rapids MLS, for the period 12/01/2024 - 02/01/2025
Provided 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: 2/4/2025, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.