Newell, IA
Housing market overview · Updated weekly
$144,000median sale price
Homes sold
2
Last 12 weeks
Days on market
23
Average pace
Active listings
—
Sale-to-list
103.2%
Above asking
Newell, IA housing market analysis
The Newell housing market is currently classified as a seller's market with a median sale price of $144,000. Prices have decreased 37.8% compared to last year, which may signal a cooling market and potentially favorable conditions for buyers looking to enter. Homes in Newell spend an average of 23 days on market before going under contract, which is a moderate pace, suggesting a reasonably active market with healthy demand.
Whether you're a first-time homebuyer evaluating Newell as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Newell with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
Market trends
Zip codes in Newell, IA
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Frequently asked questions
What is the average home price in Newell?
The median home sale price in Newell is $144,000, down 37.8% from last year.
How long do homes stay on market in Newell?
Homes typically spend 23 days on market before going under contract.
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