Council Bluffs, IA Home Values & Market Trends

Real estate market trends reflect that there have been 961 transactions over the past year in Council Bluffs. The median value for residential home transactions that occurred over the previous year is $194,899.01. The number of current listings in Council Bluffs is 71, and the percentage of properties for sale in the city is 71.00%. Council Bluffs, IA currently has 37 properties in foreclosure, 1 bank owned properties, 21 properties headed for auction, and 71 properties for sale.

Council Bluffs, IA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
51503

$ 221,750

$ 141/sqft

51501

$ 162,492

$ 134/sqft

Housing Market Summary for Council Bluffs, IA

Apr 2023March 2024Change
Median Listing Price$209K$187.3K-10.39%
Median Sold Price$179.7K$187.3K4.22%
Homes For Sale415841.46%
Homes Sold50155310.38%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Council Bluffs, IA

Council Bluffs home values range from $16,924 to $17,559,468. The median estimated value of a home in Council Bluffs is $194,899.01. The median list price of a home is 199,500, and the total count of properties in the city is 23,355.

Foreclosure
There are 2 zips within Council Bluffs, IA; within these zips, the median estimated home value for homes in foreclosure ranges from $245,894 in 51501 to the lowest value of $88,503 in 51501. Foreclosure homes account for 0.00% of properties in Council Bluffs, IA with 51501 containing 26 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.06% of all residential properties in Council Bluffs, IA with 51501 containing 11 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Council Bluffs, IA; of those zips, the estimated home value for pre-foreclosure homes ranges from $205,095 in 51503 to the lowest home value of $88,503 in 51501.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Council Bluffs, IA ranges from the highest value of $148,750 in 51503 to the lowest value of $148,750 in 51503. Bank owned homes and properties account for 0.00% of properties in Council Bluffs, IA. There are 2 zips within Council Bluffs, IA; 51503 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    51501 has 15 auction properties, the highest number of properties going to auction in a single zip in the state of Council Bluffs, IA. Auction homes and other auction properties account for 0.09% of all properties in Council Bluffs, IA. There are 2 zips within Council Bluffs, IA; of those zips, the median estimated home value for homes going to auction ranges from $300,387 in 51503 to the lowest value of $98,587 in 51503.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.30% of residential properties in Council Bluffs, IA with 51503 containing 41 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Council Bluffs, IA; homes for sale in those zips, have a range of median values from $844,997 in 51501 to the lowest value of $48,595 in 51503.
    Sold Homes
    The median value for recently sold homes ranges from $868,685 in 51503 to the lowest price of $23,760 in 51503. There are 2 zips within Council Bluffs, IA. 51501 has 283 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.27% of properties in Council Bluffs, IA.

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      Guide for Council Bluffs, IA

      Foreclosure
      Iowa Foreclosure Laws
      Market Reports
      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Market Reports|posted 1 April 2024

      Des Moines’ real estate market experiences robust upward momentum, with property values increasing despite occasional fluctuations.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.