Realtors report says home prices in Iowa are up

New report by realtors group shows home prices in Iowa are up significantly

Associated Press

CLIVE, Iowa (AP) -- A new report says home prices and sales in Iowa are up significantly.

The Iowa Association of Realtors says the median sale price for a home was $125,000 in December. That's a 7.8 percent increase compared with the same period a year before.

The average sale price for a home was about $134,000 in December, a jump of 11.6 percent compared with December 2011. More than 2,500 homes were sold or closed last month, a slight jump compared with December 2011.

The group's housing trends report shows 34,860 homes were sold across the state in 2012. Just over 31,000 homes were sold in 2011.

View Comments (0)