$4,097 Closing Credit*
$344,990
1,433 SqFt
3 Beds
•1 Full Bath
Rob Burditt, Listing Office: Hubbell Homes of Iowa, LLC
Is Bloomfield 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, 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
$215,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,875(+5.8%)
Key Takeaway
Homes in Bloomfield Township have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Bloomfield Township was $215,000 in November 2024, up 5.8% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100.5K | $67.8K | -32.5% |
| 2 Bedrooms | $155K | $156K | +0.6% |
| 3 Bedrooms | $223K | $224.9K | +0.9% |
| 4 Bedrooms | $229K | $260K | +13.5% |
| 5+ Bedrooms | $294.2K | $361K | +22.7% |
Summary: Bloomfield Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.5%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 22.7%.
Median Sold Price Compared To Nearby Cities
| Des Moines Township | $200.2K | $214.9K | +7.4% |
| Des Moines | $201K | $215K | +6.9% |
| Bloomfield Township | $203.1K | $215K | +5.8% |
| Norwalk | $318.6K | $335.2K | +5.2% |
| Walnut Township | $297.6K | $303.9K | +2.1% |
Housing Supply in Bloomfield Township, IA
How many homes are available in Bloomfield Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 168 | 152 | -9.5% |
Summary: The Bloomfield Township real estate market had 152 homes for sale in November 2024, a 9.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 34 | 31 | -8.8% |
| 3 Bedrooms | 87 | 83 | -4.6% |
| 4 Bedrooms | 35 | 29 | -17.1% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Bloomfield Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 29 | -21.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 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. 48.3% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Bloomfield Township in November 2024, down by 21.6% month-over-month. Of the 29 sold homes, 48% were sold under asking, 31% were sold at asking, and 21% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 51 Days | +194.5% |
Summary: Homes in Bloomfield Township had an average of 51 days on market in Nov 2024, up by 194.5% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 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 November 2024, 29 homes were sold in Bloomfield Township; 55% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
