Is Four Mile 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, Four Mile Township has remained a Seller's Market.
Housing Prices in Four Mile Township, IA
How much do homes in Four Mile Township, IA cost?
Median Sold Price
$295,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Four Mile Township was $295,000 in April 2024, down 1.1% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $214K | $225K | +5.1% |
3 Bedrooms | $285.1K | $289.9K | +1.7% |
4 Bedrooms | $373.4K | $376K | +0.7% |
5+ Bedrooms | $385.9K | $507K | +31.4% |
Summary: Four Mile Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 31.4%.
Median Sold Price Compared To Nearby Cities
Allen Township | $306K | $329.9K | +7.8% |
Clay Township | $294.3K | $309.7K | +5.2% |
Lee Township | $171.4K | $180K | +5.0% |
Pleasant Hill | $298.7K | $300K | 0.4% |
Four Mile Township | $298.3K | $295K | -1.1% |
Housing Supply in Four Mile Township, IA
How many homes are available in Four Mile Township, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
90 | 90 | 0.0% |
Summary: The Four Mile Township real estate market had 90 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 56 | 52 | -7.1% |
4 Bedrooms | 23 | 23 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Four Mile Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 21 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Four Mile Township in April 2024, up by 50.0% month-over-month. Of the 21 sold homes, 33% were sold under asking, 52% were sold at asking, and 14% were sold over asking.
Days on Market for Four Mile Township, IA
How long does it take to sell a home in Four Mile Township, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
107 Days | 69 Days | -35.4% |
Summary: Homes in Four Mile Township had an average of 69 days on market in Apr 2024, down by 35.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Four Mile Township; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.