Iowa Home Sales Up For Fourth Straight Month

Statewide Iowa — (RI) — The number of homes sold and the sales prices for homes in Iowa went up in October — the fourth consecutive month there’s been an increase.

According to data released by the Iowa Association of Realtors, homes sales were up 4.2% in October compared to October of last year. The median price for an Iowa home that was sold last month was $161,000.  That’s nearly four percent higher than in October of 2018. Fifty-six days was the average length of time a home that sold last month had been on the market.

More than 3,700 home sales were closed in Iowa last month. More than 31,000 single-family detached homes have sold in Iowa so far this year. About 4,500 townhouses and condos have sold over the past 10 months.

For the complete report from the Iowa Association of Realtors, CLICK HERE.

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