$6,234 Closing Credit*
$525,000
1,802 SqFt
5 Beds
•2 Full Baths
Robin Von Gillern, Listing Office: RE/MAX Concepts
Is Van Meter Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Van Meter Township was a Seller's Market.
Key Takeaway
Van Meter Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Van Meter Township, IA
How much do homes in Van Meter Township, IA cost?
Median Sold Price
$316,450
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$3,450(+1.1%)
Key Takeaway
Homes in Van Meter Township have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Van Meter Township was $316,450 in August 2024, up 1.1% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $371.4K | $255K | -31.3% |
| 3 Bedrooms | $282.4K | $281.8K | -0.2% |
| 4 Bedrooms | $337.4K | $393.9K | +16.7% |
| 5+ Bedrooms | $802.5K | $690K | -14.0% |
Summary: Van Meter Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.3%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 14%.
Median Sold Price Compared To Nearby Cities
| Van Meter Township | $313K | $316.4K | +1.1% |
| Adel | $371K | $357.5K | -3.6% |
| Van Meter | $340.1K | $305K | -10.3% |
Housing Supply in Van Meter Township, IA
How many homes are available in Van Meter Township, IA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 51 | 49 | -3.9% |
Summary: The Van Meter Township real estate market had 49 homes for sale in August 2024, a 3.9% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Van Meter Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Van Meter Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Van Meter Township in August 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Van Meter Township, IA
How long does it take to sell a home in Van Meter Township, IA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 46 Days | 88 Days | +92.8% |
Summary: Homes in Van Meter Township had an average of 88 days on market in Aug 2024, up by 92.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Van Meter Township are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 6 homes were sold in Van Meter Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
