Question 1

What is the median sold price in Irma?

Accepted Answer

The median sold price in Irma is $198,000 based on 17 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Irma?

Accepted Answer

The average sold price in Irma is $182,612. Note that the average ($182,612) is lower than the median ($198,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Irma?

Accepted Answer

Home prices in Irma range from $14,000 to $325,000 based on recent sales data. This $311,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Irma selling above or below asking price?

Accepted Answer

On average, homes in Irma are selling at 93.9% of their asking price. This means buyers have significant negotiating power, with homes selling well below asking price. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Irma?

Accepted Answer

Homes in Irma are selling in an average of 117 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Irma?

Accepted Answer

The average price per square foot in Irma is $153. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $306,000.

Question 7

How active is the real estate market in Irma?

Accepted Answer

The Irma market has seen 17 home sales over the past 2 years, with 4 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

What types of properties are selling in Irma?

Accepted Answer

The most common property types selling in Irma are: detached single family (16 sold, avg $190,588), duplex (1 sold, avg $55,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Irma?

Accepted Answer

Detached homes in Irma are selling for an average of $190,588, with 16 sales over the past 2 years.

Question 10

Are home prices rising or falling in Irma?

Accepted Answer

Home prices in Irma have decreased by 64.7% over the past 2 years. The average sold price moved from $156,000 to $55,000. This downward trend may present buying opportunities for purchasers.

Question 11

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

Accepted Answer

Based on current data, Irma is a buyer's market. Homes are selling in 117 days on average and at 93.9% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 12

What percentage of homes sell above asking price in Irma?

Accepted Answer

In Irma, 0% of homes sold above asking price, while 94% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 13

What are the average property taxes in Irma?

Accepted Answer

The average annual property tax in Irma is $2,002, with a median of $1,788. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 14

How much do home prices vary in Irma?

Accepted Answer

Irma shows moderate price diversity with a standard deviation of $101,090 around the average price of $182,612. This wide range indicates a diverse market with options at many price points.

Question 15

Where can I find recently sold homes in Irma?

Accepted Answer

You can view a comprehensive list of houses sold in Irma right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 16

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 17

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Irma.

Recently Sold Homes in Irma

Irma Sold Data Overview

Recently Sold in Irma

Understanding the Irma Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Irma Neighbourhoods

Frequently Asked Questions

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