Is Des Moines 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, Des Moines Township has remained a Seller's Market.
Housing Prices in Des Moines Township, IA
How much do homes in Des Moines Township, IA cost?
Median Sold Price
$207,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Des Moines Township was $207,000 in April 2024, up 6.7% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127K | $124.4K | -2.0% |
2 Bedrooms | $149.9K | $162.3K | +8.2% |
3 Bedrooms | $203.7K | $220.4K | +8.2% |
4 Bedrooms | $239K | $255.4K | +6.9% |
5+ Bedrooms | $280K | $312K | +11.4% |
Summary: Des Moines Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Cities
Boone | $175K | $187K | +6.9% |
Des Moines Township | $194K | $207K | +6.7% |
Housing Supply in Des Moines Township, IA
How many homes are available in Des Moines Township, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,020 | 1,018 | -0.2% |
Summary: The Des Moines Township real estate market had 1,018 homes for sale in April 2024, a 0.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 33 | 32 | -3.0% |
2 Bedrooms | 275 | 285 | +3.6% |
3 Bedrooms | 449 | 461 | +2.7% |
4 Bedrooms | 197 | 178 | -9.6% |
5+ Bedrooms | 66 | 62 | -6.1% |
Summary: The Des Moines Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes decreased by 6.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
267 | 275 | +3.0% |
Asking Price vs. Sold Price
134 Homes Were Sold
Under Asking
79 Homes Were Sold
At Asking
62 Homes Were Sold
Over Asking
Summary: A total of 275 homes were sold or pending in Des Moines Township in April 2024, up by 3.0% month-over-month. Of the 275 sold homes, 49% were sold under asking, 29% were sold at asking, and 23% were sold over asking.
Days on Market for Des Moines Township, IA
How long does it take to sell a home in Des Moines Township, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 32 Days | +40.1% |
Summary: Homes in Des Moines Township had an average of 32 days on market in Apr 2024, up by 40.1% compared to last year.
Breakdown of Home Sale Times
193 Homes Were Sold
Under 30 Days
46 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Summary: During April 2024, 275 homes were sold in Des Moines Township; 70% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.