Is Waukee, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Waukee was a Neutral Market.
Key Takeaway
Waukee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Waukee, IA
How much do homes in Waukee, IA cost?
Median Sold Price
$375,495
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Waukee have sold for 4% more than they did a year ago.
Summary: The median home sold price in Waukee was $375,495 in April 2024, up 4% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $210K | +5.0% |
| 3 Bedrooms | $315K | $319.9K | +1.6% |
| 4 Bedrooms | $398K | $409.9K | +3.0% |
| 5+ Bedrooms | $522.4K | $588.5K | +12.7% |
Summary: Waukee 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 5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 12.7%.
Median Sold Price Compared To Nearby Cities
| Clive | $405K | $449.8K | +11.1% |
| West Des Moines | $289K | $311.8K | +7.9% |
| Walnut Township | $393K | $410.1K | +4.3% |
| Waukee | $361.1K | $375.4K | +4.0% |
| Boone Township | $337.7K | $344.9K | +2.1% |
Housing Supply in Waukee, IA
How many homes are available in Waukee, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 360 | 367 | +1.9% |
Summary: The Waukee real estate market had 367 homes for sale in April 2024, a 1.9% 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 | 28 | 28 | 0.0% |
| 3 Bedrooms | 110 | 110 | 0.0% |
| 4 Bedrooms | 151 | 151 | 0.0% |
| 5+ Bedrooms | 71 | 78 | +9.9% |
Summary: The Waukee 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 9.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 53 | 38 | -28.3% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waukee, 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 Waukee in April 2024, down by 28.3% month-over-month. Of the 38 sold homes, 55% were sold under asking, 21% were sold at asking, and 24% were sold over asking.
Days on Market for Waukee, IA
How long does it take to sell a home in Waukee, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 96 Days | 76 Days | -20.7% |
Summary: Homes in Waukee had an average of 76 days on market in Apr 2024, down by 20.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Waukee are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 38 homes were sold in Waukee; 50% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
