$4,738 Closing Credit*
$399,000
1,744 SqFt
5 Beds
•3 Full Baths, 1 Partial
Benjamin Grotzke, Listing Office: LPT Realty, LLC
Is Allen Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Allen Township has remained a Seller's Market.
Key Takeaway
Allen Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Allen Township, IA
How much do homes in Allen Township, IA cost?
Median Sold Price
$279,395
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,355(-3.6%)
Key Takeaway
Homes in Allen Township have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in Allen Township was $279,395 in November 2024, down 3.6% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $167.5K | $209.5K | +25.1% |
| 3 Bedrooms | $270.1K | $275K | +1.8% |
| 4 Bedrooms | $314.9K | $356.9K | +13.3% |
| 5+ Bedrooms | $255K | $430K | +68.6% |
Summary: Allen Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.1%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 68.6%.
Median Sold Price Compared To Nearby Cities
| Allen Township | $330K | $329.4K | -0.2% |
| Allen Township | $289.7K | $279.3K | -3.6% |
| Carlisle | $292K | $279.3K | -4.3% |
| Carlisle | $292K | $279.3K | -4.3% |
Housing Supply in Allen Township, IA
How many homes are available in Allen Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 33 | 0.0% |
Summary: The Allen Township real estate market had 33 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Allen Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Allen Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Allen Township in November 2024, up by 28.6% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Allen Township, IA
How long does it take to sell a home in Allen Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 43 Days | +620.4% |
Summary: Homes in Allen Township had an average of 43 days on market in Nov 2024, up by 620.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Allen Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Allen Township; 56% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
