Is Douglas Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Douglas Township has remained a Seller's Market.
Key Takeaway
Douglas Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Douglas Township, IA
How much do homes in Douglas Township, IA cost?
Median Sold Price
$330,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Douglas Township have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Douglas Township was $330,000 in May 2024, up 1.1% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $165K | -2.9% |
| 3 Bedrooms | $305.2K | $299.9K | -1.7% |
| 4 Bedrooms | $385K | $365K | -5.2% |
| 5+ Bedrooms | $513.7K | $531.9K | +3.5% |
Summary: Douglas Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Cities
| Elkhart Township | $287.9K | $322K | +11.8% |
| Ankeny | $317.5K | $330.2K | +4.0% |
| Bondurant | $319.9K | $329.9K | +3.1% |
| Franklin Township | $330.3K | $339.9K | +2.9% |
| Douglas Township | $326.2K | $330K | +1.1% |
Housing Supply in Douglas Township, IA
How many homes are available in Douglas Township, IA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 157 | 154 | -1.9% |
Summary: The Douglas Township real estate market had 154 homes for sale in May 2024, a 1.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 61 | 61 | 0.0% |
| 4 Bedrooms | 59 | 59 | 0.0% |
| 5+ Bedrooms | 23 | 20 | -13.0% |
Summary: The Douglas Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 13%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 35 | +34.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Douglas Township, expect to pay close to the asking price. 54.3% of homes here sold near the asking price last month.
Summary: A total of 35 homes were sold or pending in Douglas Township in May 2024, up by 34.6% month-over-month. Of the 35 sold homes, 29% were sold under asking, 54% were sold at asking, and 17% were sold over asking.
Days on Market for Douglas Township, IA
How long does it take to sell a home in Douglas Township, IA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 139 Days | 130 Days | -6.2% |
Summary: Homes in Douglas Township had an average of 130 days on market in May 2024, down by 6.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Douglas Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 35 homes were sold in Douglas Township; 26% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
