Is Allen Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Allen Township was a Buyer's Market.
Key Takeaway
Allen Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Allen Township, IA
How much do homes in Allen Township, IA cost?
Median Sold Price
$275,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Allen Township have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Allen Township was $275,000 in April 2024, up 7.8% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $145K | $209.5K | +44.5% |
| 3 Bedrooms | $211.5K | $280.5K | +32.6% |
| 4 Bedrooms | $333.9K | $304.4K | -8.8% |
| 5+ Bedrooms | $427.5K | $562.5K | +31.6% |
Summary: Allen 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 44.5%, 3 bedroom homes increased by 32.6%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 31.6%.
Median Sold Price Compared To Nearby Cities
| Allen Township | $255.1K | $275K | +7.8% |
| Allen Township | $306K | $329.9K | +7.8% |
| Carlisle | $267K | $280.5K | +5.1% |
| Carlisle | $267K | $280.5K | +5.1% |
Housing Supply in Allen Township, IA
How many homes are available in Allen Township, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Allen Township real estate market had 14 homes for sale in April 2024, a 12.5% decrease 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 12 | 8 | -33.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Allen 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 200%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Allen Township, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Allen Township in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for Allen Township, IA
How long does it take to sell a home in Allen Township, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 143 Days | 50 Days | -64.6% |
Summary: Homes in Allen Township had an average of 50 days on market in Apr 2024, down by 64.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Allen Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Allen Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
