Altoona, IA
Housing market overview · Updated weekly
$316,250median sale price
Homes sold
16
Last 12 weeks
Days on market
99
Average pace
Active listings
136
8.5 months supply
Sale-to-list
98.6%
Below asking
The Altoona housing market is currently classified as a buyer's market with a median sale price of $316,250. Prices have fallen 5.5% compared to last year, with homes spending an average of 99 days on market, indicating 8.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Explore nearby cities in IA
Frequently asked questions
What is the average home price in Altoona?
The median home sale price in Altoona is $316,250, down 5.5% from last year.
How long do homes stay on market in Altoona?
Homes typically spend 99 days on market before going under contract.
Is Altoona a buyer's or seller's market?
With 8.5 months of supply, Altoona is currently a buyer's market.
Get Altoona market alerts
Weekly updates on prices, inventory, and trends. Free forever.