Is Ankeny, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ankeny is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Ankeny has remained a Seller's Market.

Key Takeaway

Ankeny is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ankeny, IA

How much do homes in Ankeny, IA cost?

Median Sold Price

$331,079

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$14,637(+4.6%)

Key Takeaway

Homes in Ankeny have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Ankeny was $331,079 in April 2024, up 4.6% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $167.6K$191.5K
+14.3%
2 $190K$200K
+5.3%
3 $293.4K$304.2K
+3.7%
4 $385K$389.3K
+1.1%
5+ $499.5K$505K
+1.1%

Summary: Ankeny housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 1.1%.

Median Sold Price Compared To Nearby Cities

Douglas Township
+8.7%
Delaware Township
+8.0%
Ankeny
+4.6%
Crocker Township
+2.1%
Saylor Township
-7.6%

Housing Supply in Ankeny, IA

How many homes are available in Ankeny, IA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
601589-2.0%

Summary: The Ankeny real estate market had 589 homes for sale in April 2024, a 2.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 23
+50.0%
2 7875
-3.8%
3 237230
-3.0%
4 206206
0.0%
5+ 7875
-3.8%

Summary: The Ankeny housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 3.8%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
100129+29.0%

Asking Price vs. Sold Price

61 Homes Were Sold
Under Asking

42 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ankeny, you may be able to get a good deal. 47.3% of homes here sold below asking price last month.

Summary: A total of 129 homes were sold or pending in Ankeny in April 2024, up by 29.0% month-over-month. Of the 129 sold homes, 47% were sold under asking, 33% were sold at asking, and 20% were sold over asking.

Days on Market for Ankeny, IA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
46 Days74 Days+60.4%

Summary: Homes in Ankeny had an average of 74 days on market in Apr 2024, up by 60.4% compared to last year.

Breakdown of Home Sale Times

70 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

40 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 129 homes were sold in Ankeny; 54% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 31% 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 1 Day Ago

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