Is Boone Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Boone Township has remained a Seller's Market.
Key Takeaway
Boone Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Boone Township, IA
How much do homes in Boone Township, IA cost?
Median Sold Price
$344,999
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Boone Township have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Boone Township was $344,999 in April 2024, up 2.1% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176K | $158K | -10.2% |
| 2 Bedrooms | $188K | $189.4K | +0.8% |
| 3 Bedrooms | $300K | $320K | +6.7% |
| 4 Bedrooms | $422.7K | $424.9K | 0.5% |
| 5+ Bedrooms | $515K | $587.5K | +14.1% |
Summary: Boone Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.2%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 14.1%.
Median Sold Price Compared To Nearby Cities
| Clive | $405K | $449.8K | +11.1% |
| West Des Moines | $289K | $311.8K | +7.9% |
| Waukee | $361.1K | $375.4K | +4.0% |
| Walnut Township | $289K | $300K | +3.8% |
| Boone Township | $337.7K | $344.9K | +2.1% |
Housing Supply in Boone Township, IA
How many homes are available in Boone Township, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 341 | 352 | +3.2% |
Summary: The Boone Township real estate market had 352 homes for sale in April 2024, a 3.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 39 | 42 | +7.7% |
| 3 Bedrooms | 117 | 110 | -6.0% |
| 4 Bedrooms | 118 | 124 | +5.1% |
| 5+ Bedrooms | 67 | 75 | +11.9% |
Summary: The Boone Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 11.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 58 | 61 | +5.2% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boone Township, you may be able to get a good deal. 52.5% of homes here sold below asking price last month.
Summary: A total of 61 homes were sold or pending in Boone Township in April 2024, up by 5.2% month-over-month. Of the 61 sold homes, 52% were sold under asking, 23% were sold at asking, and 25% were sold over asking.
Days on Market for Boone Township, IA
How long does it take to sell a home in Boone Township, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 71 Days | 76 Days | +6.2% |
Summary: Homes in Boone Township had an average of 76 days on market in Apr 2024, up by 6.2% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Boone Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 61 homes were sold in Boone Township; 56% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
