Is Urbandale, 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, Urbandale has remained a Seller's Market.
Key Takeaway
Urbandale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Urbandale, IA
How much do homes in Urbandale, IA cost?
Median Sold Price
$333,377
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Urbandale have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Urbandale was $333,377 in April 2024, up 5.7% 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 | - | - | N/A |
| 2 Bedrooms | $175K | $189.9K | +8.5% |
| 3 Bedrooms | $285.9K | $300K | +4.9% |
| 4 Bedrooms | $399.6K | $423K | +5.8% |
| 5+ Bedrooms | $595K | $600K | +0.8% |
Summary: Urbandale 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 8.5%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Cities
| Clive | $405K | $449.8K | +11.1% |
| Urbandale | $315.3K | $333.3K | +5.7% |
| Webster Township | $295.6K | $311.8K | +5.5% |
| Walnut Township | $393K | $410.1K | +4.3% |
| Grimes | $337.5K | $338.3K | 0.2% |
Housing Supply in Urbandale, IA
How many homes are available in Urbandale, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 352 | 366 | +4.0% |
Summary: The Urbandale real estate market had 366 homes for sale in April 2024, a 4.0% 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 | 39 | 36 | -7.7% |
| 3 Bedrooms | 119 | 128 | +7.6% |
| 4 Bedrooms | 124 | 129 | +4.0% |
| 5+ Bedrooms | 70 | 73 | +4.3% |
Summary: The Urbandale 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 decreased by 7.7%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 71 | 65 | -8.5% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Urbandale, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 65 homes were sold or pending in Urbandale in April 2024, down by 8.5% month-over-month. Of the 65 sold homes, 60% were sold under asking, 28% were sold at asking, and 12% were sold over asking.
Days on Market for Urbandale, IA
How long does it take to sell a home in Urbandale, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 54 Days | 72 Days | +33.0% |
Summary: Homes in Urbandale had an average of 72 days on market in Apr 2024, up by 33% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Urbandale are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 65 homes were sold in Urbandale; 55% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
