Cerro Gordo County, IA Home Values & Market Trends

The median home price in Cerro Gordo County, IA is $185,780.59. There were 890 home sales in Cerro Gordo County, IA over the past 12 months. The median residential Cerro Gordo County, IA home value for transactions over the previous year is $157,250. The number of current listings in Cerro Gordo County, IA is 164, and the percentage of properties for sale is 164.00%. The county has 20 foreclosures, 7 bank owned properties, 3 headed for auction, and 164 properties for sale.

Cerro Gordo County, IA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Mason City

$ 158,774

$ 95/sqft

Dougherty

$ 42,400

$ 30/sqft

Clear Lake

$ 361,868

$ 268/sqft

Ventura

$ 234,000

$ 256/sqft

Rockwell

$ 137,990

$ 79/sqft

Meservey

$ --

$ --

Thornton

$ 32,995

$ 44/sqft

Rock Falls

$ --

$ --

Plymouth

$ 100,690

$ 61/sqft

Swaledale

$ --

$ --

Housing Market Summary for Cerro Gordo County, IA

Apr 2023March 2024Change
Median Listing Price$220K$182.6K-16.99%
Median Sold Price$141K$182.6K29.50%
Homes For Sale10716251.40%
Homes Sold415395-4.82%
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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 Cerro Gordo County, IA

Cerro Gordo County, IA home values range from $20,806 to $4,926,290. Clear Lake is the priciest city with a median listing home price of $371,750, and Thornton is most affordable with average house prices of around $37,500.

Foreclosure
There are 10 cities within Cerro Gordo County, IA; within these cities, the median estimated home value for homes in foreclosure ranges from $213,398 in Thornton to the lowest value of $35,000 in Thornton. Foreclosure homes account for 0.00% of properties in Cerro Gordo County, IA with Mason City containing 16 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Cerro Gordo County, IA with Mason City containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 10 cities within Cerro Gordo County, IA; of those cities, the estimated home value for pre-foreclosure homes ranges from $191,749 in Clear Lake to the lowest home value of $66,741 in Mason City.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cerro Gordo County, IA ranges from the highest value of $254,223 in Ventura to the lowest value of $35,000 in Thornton. Bank owned homes and properties account for 0.04% of properties in Cerro Gordo County, IA. There are 10 cities within Cerro Gordo County, IA; Mason City containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Mason City has 3 auction properties, the highest number of properties going to auction in a single city in the state of Cerro Gordo County, IA. Auction homes and other auction properties account for 0.02% of all properties in Cerro Gordo County, IA. There are 10 cities within Cerro Gordo County, IA; of those cities, the median estimated home value for homes going to auction ranges from $172,784 in Mason City to the lowest value of $50,197 in Mason City.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.87% of residential properties in Cerro Gordo County, IA with Mason City containing 111 homes for sale, the highest number of listed properties in a single city. There are 10 cities within Cerro Gordo County, IA; homes for sale in those cities, have a range of median values from $234,000 in Ventura to the lowest value of $30,990 in Thornton.
    Sold Homes
    The median value for recently sold homes ranges from $676,433 in Ventura to the lowest price of $21,042 in Ventura. There are 10 cities within Cerro Gordo County, IA. Mason City has 268 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.20% of properties in Cerro Gordo County, IA.

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      Guide for Cerro Gordo County, IA

      Foreclosure
      Iowa Foreclosure Laws
      Market Reports
      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 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.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.