Is Webster Township, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Webster Township is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Webster Township was a Seller's Market.

Key Takeaway

Webster Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Webster Township, IA

How much do homes in Webster Township, IA cost?

Median Sold Price

$305,535

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$11,790(+4.0%)

Key Takeaway

Homes in Webster Township have sold for 4% more than they did a year ago.

Summary: The median home sold price in Webster Township was $305,535 in February 2024, up 4% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $189K$193K
+2.1%
3 $281.4K$290K
+3.1%
4 $350K$367K
+4.9%
5+ $510K$520K
+2.0%

Summary: Webster Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 2%.

Median Sold Price Compared To Nearby Cities

Urbandale
+4.3%
Johnston
+4.3%
Webster Township
+4.0%
Des Moines Township
+2.9%
Grimes
-2.9%

Housing Supply in Webster Township, IA

How many homes are available in Webster Township, IA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
247236-4.5%

Summary: The Webster Township real estate market had 236 homes for sale in February 2024, a 4.5% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 3430
-11.8%
3 9396
+3.2%
4 9082
-8.9%
5+ 3028
-6.7%

Summary: The Webster Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
3738+2.7%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Webster Township, you may be able to get a good deal. 55.3% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Webster Township in February 2024, up by 2.7% month-over-month. Of the 38 sold homes, 55% were sold under asking, 32% were sold at asking, and 13% were sold over asking.

Days on Market for Webster Township, IA

How long does it take to sell a home in Webster Township, IA?

Average Sale Time

Feb 2023Feb 2024CHANGE
60 Days58 Days-3.4%

Summary: Homes in Webster Township had an average of 58 days on market in Feb 2024, down by 3.4% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Webster Township are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 38 homes were sold in Webster Township; 55% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Webster Township, IA

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