$5,195 Closing Credit*
$437,500
1,792 SqFt
4 Beds
•1 Full Bath, 1 Partial
Joe Heemstra, Listing Office: RE/MAX Concepts
Is Boone 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, Boone Township has remained a Seller's Market.
Key Takeaway
Boone Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Boone Township, IA
How much do homes in Boone Township, IA cost?
Median Sold Price
$345,450
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,913(+4.2%)
Key Takeaway
Homes in Boone Township have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Boone Township was $345,450 in November 2024, up 4.2% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158K | $35K | -77.8% |
| 2 Bedrooms | $190K | $183K | -3.7% |
| 3 Bedrooms | $309.9K | $300K | -3.2% |
| 4 Bedrooms | $405.3K | $419.9K | +3.6% |
| 5+ Bedrooms | $544.8K | $585K | +7.4% |
Summary: Boone Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 77.8%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Boone Township | $331.5K | $345.4K | +4.2% |
| West Des Moines | $304.7K | $315.7K | +3.6% |
| Walnut Township | $297.6K | $303.9K | +2.1% |
| Waukee | $371.3K | $369.9K | -0.4% |
| Clive | $447.6K | $436.6K | -2.4% |
Housing Supply in Boone Township, IA
How many homes are available in Boone Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 354 | 316 | -10.7% |
Summary: The Boone Township real estate market had 316 homes for sale in November 2024, a 10.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 65 | 48 | -26.2% |
| 3 Bedrooms | 118 | 100 | -15.3% |
| 4 Bedrooms | 114 | 115 | +0.9% |
| 5+ Bedrooms | 56 | 51 | -8.9% |
Summary: The Boone Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 26.2%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 8.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 70 | 58 | -17.1% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boone Township, you may be able to get a good deal. 63.8% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in Boone Township in November 2024, down by 17.1% month-over-month. Of the 58 sold homes, 64% were sold under asking, 26% were sold at asking, and 10% were sold over asking.
Days on Market for Boone Township, IA
How long does it take to sell a home in Boone Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 75 Days | 60 Days | -19.3% |
Summary: Homes in Boone Township had an average of 60 days on market in Nov 2024, down by 19.3% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Boone Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 58 homes were sold in Boone Township; 47% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
