Iowa Housing Market Gains Fall Momentum

NEWS IOWA

Iowa Realtors say the state housing market showed signs of renewed activity in September sparked by anticipated interest rate decreases, while listing inventory continued to climb across the state.

Brand new figures show new listings in the single-family market jumped 7-point-2 percent in the state in September from last September. The figure was even higher in Dubuque County up 15-point-6 percent from one year ago.

Statewide median sales price climbed 6.5% in September to $245-thousand dollars. In Dubuque County the median price was up 11-point-2 percent to 261-thousand dollars.

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