$4,096 Closing Credit*
$344,900
1,422 SqFt
3 Beds
•1 Full Bath
Misty Darling, Listing Office: BH&G Real Estate Innovations
Is Allen Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Allen Township was a Seller's Market.
Key Takeaway
Allen Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Allen Township, IA
How much do homes in Allen Township, IA cost?
Median Sold Price
$328,900
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$6,050(-1.8%)
Key Takeaway
Homes in Allen Township have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Allen Township was $328,900 in August 2024, down 1.8% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | $62K | -67.4% |
| 3 Bedrooms | $294.6K | $290K | -1.6% |
| 4 Bedrooms | $360K | $350.2K | -2.7% |
| 5+ Bedrooms | $372.5K | $335K | -10.1% |
Summary: Allen Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 67.4%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 10.1%.
Median Sold Price Compared To Nearby Cities
| Pleasant Hill | $299.9K | $315K | +5.0% |
| Four Mile Township | $294K | $297.4K | +1.2% |
| Allen Township | $334.9K | $328.9K | -1.8% |
| Carlisle | $299.4K | $278.7K | -6.9% |
| Carlisle | $299.4K | $278.7K | -6.9% |
Housing Supply in Allen Township, IA
How many homes are available in Allen Township, IA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Summary: The Allen Township real estate market had 13 homes for sale in August 2024, a 30.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Allen Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 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. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Allen Township in August 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 12 Days | 35 Days | +184.0% |
Summary: Homes in Allen Township had an average of 35 days on market in Aug 2024, up by 184% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 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 August 2024, 2 homes were sold in Allen Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
