Is Ankeny, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Ankeny has remained a Seller's Market.
Key Takeaway
Ankeny is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ankeny, IA
How much do homes in Ankeny, IA cost?
Median Sold Price
$330,252
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Ankeny have sold for 4% more than they did a year ago.
Summary: The median home sold price in Ankeny was $330,252 in May 2024, up 4% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167.6K | $233.7K | +39.5% |
| 2 Bedrooms | $191K | $200K | +4.7% |
| 3 Bedrooms | $295.7K | $301.5K | +1.9% |
| 4 Bedrooms | $388K | $389.4K | 0.4% |
| 5+ Bedrooms | $502.5K | $515K | +2.5% |
Summary: Ankeny housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.5%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Cities
| Delaware Township | $286K | $300K | +4.9% |
| Ankeny | $317.5K | $330.2K | +4.0% |
| Crocker Township | $315.6K | $325.3K | +3.1% |
| Douglas Township | $326.2K | $330K | +1.1% |
| Saylor Township | $292.9K | $247.5K | -15.5% |
Housing Supply in Ankeny, IA
How many homes are available in Ankeny, IA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 662 | 633 | -4.4% |
Summary: The Ankeny real estate market had 633 homes for sale in May 2024, a 4.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 89 | 89 | 0.0% |
| 3 Bedrooms | 265 | 262 | -1.1% |
| 4 Bedrooms | 220 | 198 | -10.0% |
| 5+ Bedrooms | 85 | 81 | -4.7% |
Summary: The Ankeny housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 4.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 135 | 147 | +8.9% |
Asking Price vs. Sold Price
63 Homes Were Sold
Under Asking
54 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ankeny, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 147 homes were sold or pending in Ankeny in May 2024, up by 8.9% month-over-month. Of the 147 sold homes, 43% were sold under asking, 37% were sold at asking, and 20% were sold over asking.
Days on Market for Ankeny, IA
How long does it take to sell a home in Ankeny, IA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 60 Days | 74 Days | +22.3% |
Summary: Homes in Ankeny had an average of 74 days on market in May 2024, up by 22.3% compared to last year.
Breakdown of Home Sale Times
85 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
40 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ankeny are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 147 homes were sold in Ankeny; 58% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
