Eldridge is currently tilted toward sellers, with the market gauge at 36 out of 100 and labeled a seller's market. Homes are taking some time to move, with a median of 79 days on market, yet supply is relatively lean at about 4 months. Inventory stands at 40 homes, and roughly 20% of recent sales closed above list price, supported by an average sale-to-list ratio just under 0.995.
Prices show some crosscurrents that help explain this balance between buyers and sellers. The typical home value is about $260,935, down 1.9% year over year and 13.02% month over month, even as the median list price has surged 44.35% from the prior month to roughly $353,569. At the same time, days on market have dropped 27.52% month over month but are still up 146.88% versus last year, so buyers have more time than they once did, yet not as much as very recently.
New listings rose sharply, up 87.5% from a year ago to 15 in the latest month, while pending sales slipped 8.33% year over year to 11, hinting at slightly softer demand. Compared with Scott County overall, Eldridge’s typical home value of $260,935 is higher than the county’s $234,250, and both are projected to edge down, with Eldridge’s typical value forecast around $241,402 next month. Whether you are a buyer navigating mixed price signals or a seller weighing timing in this seller-leaning environment, Agent Pronto can connect you with a local Eldridge agent who understands these trends and can guide your next move.
