West Lucas Township Housing Market Report March 2025•Johnson County, Iowa

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Housing Prices in West Lucas Township, IA

How much do homes in West Lucas Township, IA cost?

Housing Market Conditions

Is West Lucas 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

West Lucas Township is a Seller's Market

Difference Since March 2024

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

Insight

West Lucas 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.
$313,500$196/SqFt
+$35,000
+12.6%

Based on all homes sold in the last 12 months

Insight

Homes in West Lucas Township have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in West Lucas Township was $313,500 in March 2025, up 12.6% from last year, and the median price per square foot was $196.

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
West Lucas Township
+12.6%
Coralville
+6.0%
Iowa City
+4.7%
University Heights
-50.7%

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.
BedsMar 2024Mar 2025Change YoY
1$202.5K$180K
-11.1%
2$249K$225.1K
-9.6%
3$295K$321.2K
+8.9%
4$312.5K$329.9K
+5.6%
5$272K$699.9K
+157.3%

Summary: West Lucas Township housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -11.1%. The home price for 2 bedroom homes decreased by -9.6%. The home price for 3 bedroom homes increased by +8.9%. The home price for 4 bedroom homes increased by +5.6%. The home price for 5 bedroom homes increased by +157.3%.

How does West Lucas Township, IA compare with other places?

Market comparison tool

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

West Lucas Township, IA

Housing supply in West Lucas Township, IA

How many homes are available in West Lucas 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
20Last MonthMar 2025
152 months agoFeb 2025
+33.3 %
Change MoMFeb – Mar

Summary: The West Lucas Township real estate market had 20 homes for sale in Mar 2025, a 33.3 % increase compared to Feb 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
7Last MonthMar 2025
12 months agoFeb 2025
+600.0 %
Change MoMFeb – Mar

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.
BedsFeb 2025Mar 2025Change MoM
111
0.0%
237
+133.3%
345
+25.0%
444
0.0%
533
0.0%

Summary: West Lucas Township housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +133.3%. The inventory for 3 bedroom homes increased by +25.0%. 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 West Lucas 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 Price3 Homes

Insight

If you're buying a home in West Lucas Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in West Lucas Township in March 2025, up by 600.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and and 14% were sold over asking.

Days on Market for West Lucas Township, IA

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days5 Homes

Over 90 Days1 Home

Insight

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

Summary: During March 2025, 7 homes were sold in West Lucas Township; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% 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
68 DaysThis YearMar 2025
4 Days1 year agoMar 2024
+1414.3 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in West Lucas Township had an average listing age of 68 days in Mar 2025, up by 1414.3% compared to the previous year.

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Newest Listings in West Lucas Township, IA

What homes are available in West Lucas Township, IA?

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MLS Disclaimers and Copyright

Based on information from Cedar Rapids MLS, for the period 04/01/2023 - 04/01/2025

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: 4/24/2025, 9:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.