Is Walnut 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, Walnut Township has remained a Seller's Market.
Housing Prices in Walnut Township, IA
How much do homes in Walnut Township, IA cost?
Median Sold Price
$300,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Walnut Township was $300,000 in April 2024, up 3.8% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $136.4K | $94K | -31.1% |
2 Bedrooms | $183.1K | $185K | +1.0% |
3 Bedrooms | $281K | $289.9K | +3.2% |
4 Bedrooms | $344K | $362.1K | +5.3% |
5+ Bedrooms | $515K | $485K | -5.8% |
Summary: Walnut Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.1%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Cities
Clive | $405K | $449.8K | +11.1% |
West Des Moines | $289K | $311.8K | +7.9% |
Urbandale | $315.3K | $333.3K | +5.7% |
Windsor Heights | $262.5K | $273K | +4.0% |
Walnut Township | $289K | $300K | +3.8% |
Housing Supply in Walnut Township, IA
How many homes are available in Walnut Township, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
246 | 222 | -9.8% |
Summary: The Walnut Township real estate market had 222 homes for sale in April 2024, a 9.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 53 | 39 | -26.4% |
3 Bedrooms | 99 | 80 | -19.2% |
4 Bedrooms | 69 | 72 | +4.3% |
5+ Bedrooms | 22 | 28 | +27.3% |
Summary: The Walnut 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 decreased by 26.4%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 55 | -22.5% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 55 homes were sold or pending in Walnut Township in April 2024, down by 22.5% month-over-month. Of the 55 sold homes, 42% were sold under asking, 31% were sold at asking, and 27% were sold over asking.
Days on Market for Walnut Township, IA
How long does it take to sell a home in Walnut Township, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 21 Days | -21.3% |
Summary: Homes in Walnut Township had an average of 21 days on market in Apr 2024, down by 21.3% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 55 homes were sold in Walnut Township; 85% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.