Is Walnut Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Walnut Township was a Neutral Market.
Housing Prices in Walnut Township, IA
How much do homes in Walnut Township, IA cost?
Median Sold Price
$410,113
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Walnut Township was $410,113 in April 2024, up 4.3% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $200K | $214.1K | +7.1% |
3 Bedrooms | $320.5K | $307.4K | -4.1% |
4 Bedrooms | $427.9K | $454.9K | +6.3% |
5+ Bedrooms | $590K | $610K | +3.4% |
Summary: Walnut Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 3.4%.
Housing Supply in Walnut Township, IA
How many homes are available in Walnut Township, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
561 | 567 | +1.1% |
Summary: The Walnut Township real estate market had 567 homes for sale in April 2024, a 1.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 42 | 48 | +14.3% |
3 Bedrooms | 160 | 158 | -1.3% |
4 Bedrooms | 207 | 205 | -1.0% |
5+ Bedrooms | 152 | 156 | +2.6% |
Summary: The Walnut Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 2.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 70 | -30.0% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 70 homes were sold or pending in Walnut Township in April 2024, down by 30.0% month-over-month. Of the 70 sold homes, 66% were sold under asking, 23% were sold at asking, and 11% were sold over asking.
Days on Market for Walnut Township, IA
How long does it take to sell a home in Walnut Township, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
80 Days | 94 Days | +18.1% |
Summary: Homes in Walnut Township had an average of 94 days on market in Apr 2024, up by 18.1% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
27 Homes Were Sold
Over 90 Days
Summary: During April 2024, 70 homes were sold in Walnut Township; 41% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.