Is Ankeny, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ankeny is a seller's market

Buyer's
Market

Difference Since October 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

$329,857

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,860(+3.1%)

Key Takeaway

Homes in Ankeny have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Ankeny was $329,857 in October 2024, up 3.1% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$191.5K
N/A
2 $197.8K$200K
+1.1%
3 $299.9K$303.2K
+1.1%
4 $397K$382.9K
-3.5%
5+ $532.1K$499.8K
-6.1%

Summary: Ankeny housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 6.1%.

Median Sold Price Compared To Nearby Cities

Douglas Township
+4.2%
Delaware Township
+4.2%
Ankeny
+3.1%
Crocker Township
+2.3%
Saylor Township
-2.9%

Housing Supply in Ankeny, IA

How many homes are available in Ankeny, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
617651+5.5%

Summary: The Ankeny real estate market had 651 homes for sale in October 2024, a 5.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 8578
-8.2%
3 235252
+7.2%
4 211226
+7.1%
5+ 8695
+10.5%

Summary: The Ankeny housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 10.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
114111-2.6%

Asking Price vs. Sold Price

57 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ankeny, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.

Summary: A total of 111 homes were sold or pending in Ankeny in October 2024, down by 2.6% month-over-month. Of the 111 sold homes, 51% were sold under asking, 31% were sold at asking, and 18% 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

Oct 2023Oct 2024CHANGE
46 Days70 Days+51.7%

Summary: Homes in Ankeny had an average of 70 days on market in Oct 2024, up by 51.7% compared to last year.

Breakdown of Home Sale Times

63 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ankeny are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 111 homes were sold in Ankeny; 57% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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