Monthly Market Report with Les Sulgrove: February 2025

February 2025 saw 2,780 new single-family listings and 1,768 closed sales in Iowa, with median sale prices holding steady at $225K (up 4.7% for single-family homes and 1.2% for condos/townhomes), homes averaging 22 days on the market, and increased inventory in the $100K–$400K range boosting first-time buyer activity.