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
$209,379
$185/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 $209,379 in April 2024, up 5.2% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128K | $124.4K | -2.8% |
2 Bedrooms | $155K | $162.5K | +4.9% |
3 Bedrooms | $206K | $224.4K | +9.0% |
4 Bedrooms | $242.3K | $257.2K | +6.1% |
5+ Bedrooms | $243K | $317K | +30.5% |
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 2.8%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 30.5%.
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 |
---|---|---|
946 | 949 | 0.3% |
Summary: The Des Moines Township real estate market had 949 homes for sale in April 2024, a 0.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 33 | 31 | -6.1% |
2 Bedrooms | 258 | 266 | +3.1% |
3 Bedrooms | 415 | 431 | +3.9% |
4 Bedrooms | 182 | 166 | -8.8% |
5+ Bedrooms | 58 | 55 | -5.2% |
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 6.1%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 5.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
251 | 253 | +0.8% |
Asking Price vs. Sold Price
124 Homes Were Sold
Under Asking
74 Homes Were Sold
At Asking
55 Homes Were Sold
Over Asking
Summary: A total of 253 homes were sold or pending in Des Moines Township in April 2024, up by 0.8% month-over-month. Of the 253 sold homes, 49% were sold under asking, 29% were sold at asking, and 22% 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 |
---|---|---|
24 Days | 31 Days | +33.0% |
Summary: Homes in Des Moines Township had an average of 31 days on market in Apr 2024, up by 33% compared to last year.
Breakdown of Home Sale Times
179 Homes Were Sold
Under 30 Days
41 Homes Were Sold
In 30 - 90 Days
33 Homes Were Sold
Over 90 Days
Summary: During April 2024, 253 homes were sold in Des Moines Township; 71% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.