Is Boone Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Boone Township has remained a Seller's Market.
Housing Prices in Boone Township, IA
How much do homes in Boone Township, IA cost?
Median Sold Price
$345,120
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Boone Township was $345,120 in May 2024, up 4.6% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130.5K | $158K | +21.1% |
2 Bedrooms | $175K | $191.5K | +9.4% |
3 Bedrooms | $301K | $320K | +6.3% |
4 Bedrooms | $416.6K | $421.6K | +1.2% |
5+ Bedrooms | $499.9K | $595K | +19.0% |
Summary: Boone Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.1%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 19%.
Median Sold Price Compared To Nearby Cities
Clive | $415K | $450.5K | +8.6% |
Waukee | $359.6K | $382.2K | +6.3% |
Boone Township | $329.8K | $345.1K | +4.6% |
West Des Moines | $299.5K | $310.1K | +3.5% |
Walnut Township | $290K | $299.5K | +3.3% |
Housing Supply in Boone Township, IA
How many homes are available in Boone Township, IA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
357 | 350 | -2.0% |
Summary: The Boone Township real estate market had 350 homes for sale in May 2024, a 2.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 49 | 52 | +6.1% |
3 Bedrooms | 118 | 109 | -7.6% |
4 Bedrooms | 116 | 116 | 0.0% |
5+ Bedrooms | 73 | 73 | 0.0% |
Summary: The Boone Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
63 | 67 | +6.3% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 67 homes were sold or pending in Boone Township in May 2024, up by 6.3% month-over-month. Of the 67 sold homes, 54% were sold under asking, 24% were sold at asking, and 22% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
61 Days | 64 Days | +6.1% |
Summary: Homes in Boone Township had an average of 64 days on market in May 2024, up by 6.1% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During May 2024, 67 homes were sold in Boone Township; 55% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.