Is Delaware Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Delaware Township was a Buyer's Market.
Housing Prices in Delaware Township, IA
How much do homes in Delaware Township, IA cost?
Median Sold Price
$299,250
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Delaware Township was $299,250 in February 2024, up 10.8% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $140.5K | +33.8% |
2 Bedrooms | $160K | $165K | +3.1% |
3 Bedrooms | $279.5K | $299.7K | +7.2% |
4 Bedrooms | $338.9K | $353.7K | +4.4% |
5+ Bedrooms | $397.4K | $401K | +0.9% |
Summary: Delaware Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.8%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Cities
Delaware Township | $270K | $299.2K | +10.8% |
Altoona | $286.8K | $312.7K | +9.0% |
Clay Township | $290K | $307.4K | +6.0% |
Lee Township | $169.3K | $179K | +5.7% |
Housing Supply in Delaware Township, IA
How many homes are available in Delaware Township, IA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
65 | 53 | -18.5% |
Summary: The Delaware Township real estate market had 53 homes for sale in February 2024, a 18.5% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 42 | 31 | -26.2% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Delaware Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 26.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
15 | 8 | -46.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Delaware Township in February 2024, down by 46.7% month-over-month. Of the 8 sold homes, 25% were sold under asking, 63% were sold at asking, and 13% were sold over asking.
Days on Market for Delaware Township, IA
How long does it take to sell a home in Delaware Township, IA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
149 Days | 75 Days | -49.5% |
Summary: Homes in Delaware Township had an average of 75 days on market in Feb 2024, down by 49.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 8 homes were sold in Delaware Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.