Lanesboro, IA Housing Market & Real Estate

Balanced market

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Lanesboro, IA is $44,000. Homes sell in an average of 121 days with 2 active listings. The market is currently a balanced market.

$44,000median sale price

Is Lanesboro a buyer's or seller's market?

Balanced market2.0 months of supply121 avg. days on market

Lanesboro, IA is currently a balanced market, based on 2.0 months of supply and homes selling in about 121 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

121

Average pace

Active listings

2

2.0 months supply

Sale-to-list

91.7%

Below asking

Lanesboro, IA market data

Current housing market statistics for Lanesboro, IA
MetricValue
Median sale price$44,000
Median list price$80,000
Average days on market121 days
Active inventory2 listings
Months of supply2.0 months
Sale-to-list price ratio91.7%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Lanesboro housing market is currently classified as a balanced market with a median sale price of $44,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 121 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Lanesboro

There are currently 2 homes listed for sale in Lanesboro, Iowa. The median listing price is $80K.

Active listings

2

Homes on market

Median list price

$80K

Avg. days on market

121

Days until sale

New this week

1

Newly listed

Sale-to-list:91.7%

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Frequently asked questions

What is the average home price in Lanesboro?

The median home sale price in Lanesboro is $44,000, down 0.0% from last year.

How long do homes stay on market in Lanesboro?

Homes typically spend 121 days on market before going under contract.

Is Lanesboro a buyer's or seller's market?

With 2.0 months of supply, Lanesboro is currently a balanced market.

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