Is Des Moines Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Des Moines Township has remained a Seller's Market.
Housing Prices in Des Moines Township, IA
How much do homes in Des Moines Township, IA cost?
Median Sold Price
$204,991
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Des Moines Township was $204,991 in March 2024, up 7.2% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $133.7K | $124.9K | -6.6% |
2 Bedrooms | $148.5K | $161.5K | +8.8% |
3 Bedrooms | $200.7K | $219.7K | +9.5% |
4 Bedrooms | $230K | $254.7K | +10.8% |
5+ Bedrooms | $273.5K | $312K | +14.1% |
Summary: Des Moines Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.6%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 14.1%.
Median Sold Price Compared To Nearby Cities
Des Moines Township | $191.1K | $204.9K | +7.2% |
Boone | $175K | $186.9K | +6.8% |
Housing Supply in Des Moines Township, IA
How many homes are available in Des Moines Township, IA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
886 | 957 | +8.0% |
Summary: The Des Moines Township real estate market had 957 homes for sale in March 2024, a 8.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 31 | 30 | -3.2% |
2 Bedrooms | 246 | 262 | +6.5% |
3 Bedrooms | 387 | 419 | +8.3% |
4 Bedrooms | 166 | 180 | +8.4% |
5+ Bedrooms | 56 | 66 | +17.9% |
Summary: The Des Moines Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 17.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
163 | 248 | +52.1% |
Asking Price vs. Sold Price
128 Homes Were Sold
Under Asking
61 Homes Were Sold
At Asking
59 Homes Were Sold
Over Asking
Summary: A total of 248 homes were sold or pending in Des Moines Township in March 2024, up by 52.1% month-over-month. Of the 248 sold homes, 52% were sold under asking, 25% were sold at asking, and 24% were sold over asking.
Days on Market for Des Moines Township, IA
How long does it take to sell a home in Des Moines Township, IA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 41 Days | 0.1% |
Summary: Homes in Des Moines Township had an average of 41 days on market in Mar 2024, up by 0.1% compared to last year.
Breakdown of Home Sale Times
151 Homes Were Sold
Under 30 Days
58 Homes Were Sold
In 30 - 90 Days
39 Homes Were Sold
Over 90 Days
Summary: During March 2024, 248 homes were sold in Des Moines Township; 61% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.