Bradford, IA

Bradford is a small town located in southeastern Iowa. The population was 2,914 at the 2010 census. Bradford is home to many businesses and industries, including agriculture, manufacturing, and retail. Real estate is one of the most important industries in Bradford.

The real estate market in Bradford is very competitive. There are a lot of people looking to buy or sell homes here, which has led to some high prices and low availability of homes. The average price for a home in Bradford was $128,000 in 2016. However, the median price (the price that half of all homes sold for) was only $72,500. This means that there are a lot of homes available for sale but they tend to be more expensive than average.

One reason why the real estate market is so competitive is because there are a lot of people looking to buy or sell homes here. In 2016, there were 1,848 active listings in Bradford compared to 1,539 active listings in 2015 and 1,421 active listings in 2014. This indicates that there are a lot of people interested in buying or selling homes here right now.

Another reason why the real estate market is so competitive is because Bradford isn't very big compared to other cities around the country. For example, Des Moines has an population of over 300 thousand people while Cedar Rapids has an population of over 200 thousand people. This means that there aren't as many houses available for sale as there would be if Bradford had a larger population size.

Despite these factors (the competition among buyers and sellers and Bradford's small size), the real estate market seems to be doing well overall here in Bradford. In 2016 alone:

-The number of single family home sales increased by 9% from 2015 -The number of condo/townhome sales increased by 15% from 2015 -The number of multi-family unit sales increased by 5% from 2015