Is Bondurant, 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, Bondurant has remained a Seller's Market.
Key Takeaway
Bondurant is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bondurant, IA
How much do homes in Bondurant, IA cost?
Median Sold Price
$329,990
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bondurant have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Bondurant was $329,990 in May 2024, up 3.1% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $239.9K | $201K | -16.2% |
| 3 Bedrooms | $300K | $300.7K | 0.3% |
| 4 Bedrooms | $353K | $355K | +0.6% |
| 5+ Bedrooms | $475K | $442.4K | -6.9% |
Summary: Bondurant housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.2%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 6.9%.
Median Sold Price Compared To Nearby Cities
| Clay Township | $299.9K | $315K | +5.0% |
| Bondurant | $319.9K | $329.9K | +3.1% |
| Franklin Township | $330.3K | $339.9K | +2.9% |
| Douglas Township | $326.2K | $330K | +1.1% |
Housing Supply in Bondurant, IA
How many homes are available in Bondurant, IA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 90 | 89 | -1.1% |
Summary: The Bondurant real estate market had 89 homes for sale in May 2024, a 1.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 32 | 31 | -3.1% |
| 4 Bedrooms | 46 | 46 | 0.0% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The Bondurant 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 increased by 100%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bondurant, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Bondurant in May 2024, down by 26.1% month-over-month. Of the 17 sold homes, 53% were sold under asking, 41% were sold at asking, and 6% were sold over asking.
Days on Market for Bondurant, IA
How long does it take to sell a home in Bondurant, IA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 103 Days | 69 Days | -32.9% |
Summary: Homes in Bondurant had an average of 69 days on market in May 2024, down by 32.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bondurant are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 17 homes were sold in Bondurant; 35% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
