Is Douglas Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Douglas Township was a Buyer's Market.
Key Takeaway
Douglas Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Douglas Township, IA
How much do homes in Douglas Township, IA cost?
Median Sold Price
$245,000
$243/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Douglas Township have sold for 14.9% less than they did a month ago.
Summary: The median home sold price in Douglas Township was $245,000 in March 2024, down 14.9% from last month, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $239.5K | N/A |
| 4 Bedrooms | $288K | $265K | -8.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Douglas Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Douglas Township | $288K | $245K | -14.9% |
| Woodward | $355K | $199.9K | -43.7% |
Housing Supply in Douglas Township, IA
How many homes are available in Douglas Township, IA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The Douglas Township real estate market had 10 homes for sale in March 2024, a 9.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Douglas Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Douglas Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Douglas Township in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Douglas Township, IA
How long does it take to sell a home in Douglas Township, IA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 58 Days | 22 Days | -62.1% |
Summary: Homes in Douglas Township had an average of 22 days on market in Mar 2024, down by 62.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Douglas Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Douglas Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
