$3,598 Closing Credit*
$303,000
1,403 SqFt
3 Beds
•2 Full Baths, 1 Partial
Tammy Heckart, Listing Office: RE/MAX Concepts
Is Van Meter, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Van Meter was a Seller's Market.
Key Takeaway
Van Meter is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Van Meter, IA
How much do homes in Van Meter, IA cost?
Median Sold Price
$290,950
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$34,121(-10.5%)
Key Takeaway
Homes in Van Meter have sold for 10.5% less than they did a year ago.
Summary: The median home sold price in Van Meter was $290,950 in September 2024, down 10.5% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $263.2K | $255K | -3.1% |
| 3 Bedrooms | $277.5K | $284.2K | +2.4% |
| 4 Bedrooms | $422.2K | $356.9K | -15.5% |
| 5+ Bedrooms | $815K | $752.5K | -7.7% |
Summary: Van Meter housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 15.5%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Jefferson Township | $162.5K | $213.5K | +31.4% |
| Van Meter | $325K | $290.9K | -10.5% |
Housing Supply in Van Meter, IA
How many homes are available in Van Meter, IA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Summary: The Van Meter real estate market had 24 homes for sale in September 2024, a 7.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Van Meter housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Van Meter, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Van Meter in September 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Van Meter, IA
How long does it take to sell a home in Van Meter, IA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 101 Days | 44 Days | -56.1% |
Summary: Homes in Van Meter had an average of 44 days on market in Sep 2024, down by 56.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Van Meter are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 3 homes were sold in Van Meter; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
