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
Since last year, Allen Township has remained a Seller'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
$329,900
$181/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 $329,900 in April 2024, up 7.8% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $190K | +18.8% |
| 3 Bedrooms | $285.7K | $325K | +13.7% |
| 4 Bedrooms | $302.2K | $329.9K | +9.2% |
| 5+ Bedrooms | $355.2K | $372.5K | +4.9% |
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 18.8%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Cities
| Allen Township | $306K | $329.9K | +7.8% |
| Carlisle | $267K | $280.5K | +5.1% |
| Carlisle | $267K | $280.5K | +5.1% |
| Pleasant Hill | $298.7K | $300K | 0.4% |
| Four Mile Township | $298.3K | $295K | -1.1% |
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 |
|---|---|---|
| 14 | 11 | -21.4% |
Summary: The Allen Township real estate market had 11 homes for sale in April 2024, a 21.4% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Allen Township, expect to pay close to the asking price. 50% 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, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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 |
|---|---|---|
| 10 Days | 2 Days | -73.2% |
Summary: Homes in Allen Township had an average of 2 days on market in Apr 2024, down by 73.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were 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; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
