Is Westdale, 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, Westdale has remained a Seller's Market.
Housing Prices in Westdale, IA
How much do homes in Westdale, IA cost?
Median Sold Price
$195,666
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Westdale was $195,666 in April 2024, up 3% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $145.5K | $145K | -0.3% |
3 Bedrooms | $191.7K | $189.9K | -0.9% |
4 Bedrooms | $205.2K | $257.5K | +25.5% |
5+ Bedrooms | $302.2K | $270K | -10.7% |
Summary: Westdale 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 decreased by 0.3%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes decreased by 10.7%.
Median Sold Price Compared To Nearby Neighborhoods
Cleveland Area | $138.7K | $152.5K | +9.9% |
Westdale | $190K | $195.6K | +3.0% |
Cedar Hills | $182.5K | $185K | +1.4% |
Housing Supply in Westdale, IA
How many homes are available in Westdale, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
72 | 77 | +6.9% |
Summary: The Westdale real estate market had 77 homes for sale in April 2024, a 6.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 12 | -7.7% |
3 Bedrooms | 39 | 44 | +12.8% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Westdale 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 7.7%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 14 | -46.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Westdale in April 2024, down by 46.2% month-over-month. Of the 14 sold homes, 21% were sold under asking, 57% were sold at asking, and 21% were sold over asking.
Days on Market for Westdale, IA
How long does it take to sell a home in Westdale, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 17 Days | -8.2% |
Summary: Homes in Westdale had an average of 17 days on market in Apr 2024, down by 8.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Westdale; 79% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.