Sheridan Township Housing Market Report February 2025•Scott County, Iowa

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Housing Prices in Sheridan Township, IA

How much do homes in Sheridan Township, IA cost?

Housing Market Conditions

Is Sheridan 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

Sheridan Township is a Seller's Market

Difference Since February 2024

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

Insight

Sheridan 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.
$310,425$156/SqFt
+$51,425
+19.9%

Based on all homes sold in the last 12 months

Insight

Homes in Sheridan Township have sold for 19.9% more than they did a year ago.

Summary: The median home sold price in Sheridan Township was $310,425 in February 2025, up 19.9% from last year, and the median price per square foot was $156.

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
Eldridge
+22.2%
Sheridan Township
+19.9%
Davenport
+1.3%

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--
N/A
2$173K$159.2K
-7.9%
3$255K$330K
+29.4%
4$338.2K$418K
+23.6%
5$472.7K$448K
-5.2%

Summary: Sheridan Township housing price by bedroom type for February 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 -7.9%. The home price for 3 bedroom homes increased by +29.4%. The home price for 4 bedroom homes increased by +23.6%. The home price for 5 bedroom homes decreased by -5.2%.

How does Sheridan Township, IA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Sheridan Township, IA

Housing supply in Sheridan Township, IA

How many homes are available in Sheridan 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
38Last MonthFeb 2025
332 months agoJan 2025
+15.2 %
Change MoMJan – Feb

Summary: The Sheridan Township real estate market had 38 homes for sale in Feb 2025, a 15.2 % increase 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
8Last MonthFeb 2025
42 months agoJan 2025
+100.0 %
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
100
0.0%
21519
+26.7%
3912
+33.3%
463
-50.0%
534
+33.3%

Summary: Sheridan Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +26.7%. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes increased by +33.3%.

Asking Price vs. Sold Price

How much do homes in Sheridan 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 Price2 Homes

At Asking Price3 Homes

Under Asking Price3 Homes

Insight

If you're buying a home in Sheridan Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Sheridan Township in February 2025, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and and 25% were sold over asking.

Days on Market for Sheridan Township, IA

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

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days3 Homes

Over 90 Days2 Homes

Insight

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

Summary: During February 2025, 8 homes were sold in Sheridan Township; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% 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
65 DaysThis YearFeb 2025
26 Days1 year agoFeb 2024
+146.2 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Sheridan Township had an average listing age of 65 days in Feb 2025, up by 146.2% compared to the previous year.

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Newest Listings in Sheridan Township, IA

What homes are available in Sheridan Township, IA?

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MLS Disclaimers and Copyright

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

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 3/15/2025, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.