MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Mitchell County, Iowa.
May 2024’s data reveals a Median Sale Price of $155,000 for homes in Mitchell County. This figure represents a decline of 44.6% month-over-month and a 11.8% year-over-year decrease.
A total of 6 homes were sold in the region, indicating a decrease of 14.3% from last month and a drop of 40.0% when compared with a year ago.
The median time homes spent on the market was 28 days, which is down 15 days compared to last month and an increase of 25 days over the previous year.
Currently, with a Market Pulse Score of 98, Mitchell County’s real estate market appears to be experiencing a downtrend.
For more information about the Mitchell County, Iowa market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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