Real estate prices were up in June, compared to June 2023, but the number of sales was down. This information and other data were released this week by the Heartland Association of Realtors. Details below.
Median Price: $216,000 – up 22.7% vs. June 2023
Median Price per Square Foot: $140.89, up 18.2%
Closed Sales: 33, down 15.4%
Active Listings: 212, up 27.7%
Months of Inventory: 6.1, up 1.7 months
Days on the Market: 68, down 9 days
Days to Close: 33, no change
Total Days: 101, down 9 days
Median Home Size: 1,599 square feet
Median Year Built: 1986
Closing Price/Original List Price: 92.3%
Price Distribution:
< $100,000: 12.5%
$100,000 – 199,999: 34.4%
$200,000 – 299,999: 25.0%
$300,000 – 399,999: 15.6%
$400,000 – 499,999: 3.1%
$500,000 and above: 9.4%