Local real estate sales were down in August, compared to August 2023, while prices inched up slightly.  This information and other data were released this week by the Heartland Association of Realtors.  Details below.

Closed Sales:  43 – down 20.4% from August 2023

Median Price:  $195,000 – up 1.0%

Median Price per Square Foot:  $124.75 – up 2.5%

Closing Price/Original Listing Price:  90.5%

Days on Market:  53 – 2 days more than August 2023

Days to Close:  25 – 8 days fewer

Total Days:  78 – 6 days fewer

Median Home Size:  1,462 square feet

Median Year Built:  1999

Active Listings:  194 – up 21.3%

Months of Inventory:  5.6 – up 1.3 months

Price Distribution:

less than $100,000:  14.3%

$100,000 – 199,999:  38.1%

$200,000 – 299,999:  19.1%

$300,000 – 399,999:  9.5%

$400,000 – 499,999:  9.5%

$500,000 and over:  $9.5%