As Misty Soldwisch, a top-performing Iowa actual property agent, explains, “What home sellers should know is that usually people have the goal of either time and ease, or they have the goal of maximizing their proceeds. So, if you’re looking at a cash buyout, it’s for ease and time. It’s not for maximizing your proceeds. So you really just need to decide where your goals are and weigh out what makes the most sense for your personal strategy.”
Choice 2: Rent a high Iowa actual property agent
Even when the clock is ticking to promote your own home in Iowa, partnering with a talented actual property agent could be a game-changing choice. A seasoned agent possesses a deep understanding of the Iowa housing market, steering you towards a fast and extra affluent sale.
Let’s delve into the present market circumstances in Iowa, the benefits of promoting with an actual property skilled, and how one can establish a top-tier actual property agent in your native space.
How briskly are properties promoting in Iowa?
Promoting your own home quick in Iowa could seem difficult, however understanding the native housing market can assist you establish your greatest choices.
As per current developments, the median Days on Market (DOM) — the time it takes from itemizing your own home to signing a contract — varies all year long and all through the state. On high of this, you may count on a further 44 days {that a} purchaser wants to shut on a purchase order mortgage.
In 2024, Iowa skilled a slight enhance in DOM in comparison with 2023. Nonetheless, these developments fluctuate and are seasonal. Understanding them is essential to maximizing your sale’s effectiveness and velocity. Equally necessary to notice are the median dwelling sale value developments, displaying a gradual enhance year-over-year.
The next knowledge tables present a snapshot of DOM developments by month, in addition to sale value developments throughout Iowa. (Supply: Iowa Affiliation of Realtors)
Median DOM developments in Iowa
| Month | Median DOM (2023) | Median DOM (2024) |
| January | 63 | 78 |
| February | 52 | 56 |
| March | 52 | 56 |
| April | 46 | 49 |
| Could | 41 | 43 |
| June | 35 | 39 |
| July | 33 | 37 |
| August | 34 | 40 |
| September | 34 | 39 |
| October | 37 | 42 |
| November | 40 | |
| December | 40 |
Doesn’t embrace the standard 44 days a purchaser wants to shut on a purchase order mortgage.
Median sale value developments in Iowa
| Month | Median Sale Value (2023) | Median Sale Value (2024) |
| January | $245,000 | $243,000 |
| February | $235,318 | $218,000 |
| March | $210,000 | $225,000 |
| April | $215,000 | $230,000 |
| Could | $225,000 | $238,000 |
| June | $235,000 | $250,000 |
| July | $235,000 | $249,900 |
| August | $230,000 | $286,714 |
| September | $220,000 | $230,000 |
| October | $215,000 | $235,000 |
| November | $220,000 | |
| December | $220,000 |
Soldwisch says, “I think a lot of people think that the market is much slower, much weaker, much less desirable than it actually is. And a lot of that is just due to negative media headlines. But the reality of buyers and sellers in the market is they’re seeing that the real estate market here in central Iowa is still very strong.”
Advantages of promoting with a high Iowa agent
One of many surest methods to make sure a fast dwelling sale is to work with a high Iowa actual property agent. They possess the information and expertise that may not solely facilitate a speedy sale but additionally safe a better value in your property. Let’s delve into a few of the advantages that make teaming up with an skilled agent in Iowa a wise alternative.
