$2,077 Closing Credit*
$174,900
856 SqFt
2 Beds
•1 Full Bath
Emily Keller - Lampman, Listing Office: Iowa Realty Indianola
Is Bloomfield Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bloomfield Township has remained a Seller's Market.
Key Takeaway
Bloomfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bloomfield Township, IA
How much do homes in Bloomfield Township, IA cost?
Median Sold Price
$218,600
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,100(+9.0%)
Key Takeaway
Homes in Bloomfield Township have sold for 9% more than they did a year ago.
Summary: The median home sold price in Bloomfield Township was $218,600 in October 2024, up 9% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100.5K | $69.5K | -30.8% |
| 2 Bedrooms | $151K | $160K | +6.0% |
| 3 Bedrooms | $220K | $225K | +2.3% |
| 4 Bedrooms | $228K | $258K | +13.2% |
| 5+ Bedrooms | $254.2K | $403.5K | +58.7% |
Summary: Bloomfield Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.8%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 58.7%.
Median Sold Price Compared To Nearby Cities
| Bloomfield Township | $200.5K | $218.6K | +9.0% |
| Des Moines | $200K | $214.9K | +7.5% |
| Des Moines Township | $200K | $214.8K | +7.4% |
| Norwalk | $318K | $334.9K | +5.3% |
| Walnut Township | $293.2K | $300K | +2.3% |
Housing Supply in Bloomfield Township, IA
How many homes are available in Bloomfield Township, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 165 | 174 | +5.5% |
Summary: The Bloomfield Township real estate market had 174 homes for sale in October 2024, a 5.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 33 | 35 | +6.1% |
| 3 Bedrooms | 85 | 89 | +4.7% |
| 4 Bedrooms | 34 | 37 | +8.8% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Bloomfield Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 35 | +16.7% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bloomfield Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Bloomfield Township in October 2024, up by 16.7% month-over-month. Of the 35 sold homes, 60% were sold under asking, 31% were sold at asking, and 9% were sold over asking.
Days on Market for Bloomfield Township, IA
How long does it take to sell a home in Bloomfield Township, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 45 Days | +206.2% |
Summary: Homes in Bloomfield Township had an average of 45 days on market in Oct 2024, up by 206.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bloomfield Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 35 homes were sold in Bloomfield Township; 60% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
