Is Delaware Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Delaware Township has remained a Seller's Market.
Housing Prices in Delaware Township, IA
How much do homes in Delaware Township, IA cost?
Median Sold Price
$297,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Delaware Township was $297,000 in April 2024, up 8% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $90K | -14.3% |
2 Bedrooms | $163K | $166.7K | +2.3% |
3 Bedrooms | $279.9K | $299.9K | +7.1% |
4 Bedrooms | $329.9K | $359.7K | +9.0% |
5+ Bedrooms | $397.5K | $432K | +8.7% |
Summary: Delaware Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
Delaware Township | $275K | $297K | +8.0% |
Altoona | $292.1K | $315K | +7.8% |
Clay Township | $294.3K | $309.7K | +5.2% |
Lee Township | $171.4K | $180K | +5.0% |
Housing Supply in Delaware Township, IA
How many homes are available in Delaware Township, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 59 | -3.3% |
Summary: The Delaware Township real estate market had 59 homes for sale in April 2024, a 3.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 5 | 11 | +120.0% |
3 Bedrooms | 36 | 32 | -11.1% |
4 Bedrooms | 16 | 15 | -6.3% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Delaware Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 120%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 15 | +36.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Delaware Township in April 2024, up by 36.4% month-over-month. Of the 15 sold homes, 47% were sold under asking, 40% were sold at asking, and 13% were sold over asking.
Days on Market for Delaware Township, IA
How long does it take to sell a home in Delaware Township, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 40 Days | +69.5% |
Summary: Homes in Delaware Township had an average of 40 days on market in Apr 2024, up by 69.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Delaware Township; 73% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.