$3,443 Closing Credit*
$289,900
1,521 SqFt
4 Beds
•2 Full Baths
Graeve, Emily, Listing Office: RE/MAX Generations
Is Boone 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, 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
$344,804
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,871(+4.5%)
Key Takeaway
Homes in Boone Township have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Boone Township was $344,804 in October 2024, up 4.5% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158K | $35K | -77.8% |
| 2 Bedrooms | $188K | $185K | -1.6% |
| 3 Bedrooms | $301K | $306.3K | +1.8% |
| 4 Bedrooms | $409.9K | $422.6K | +3.1% |
| 5+ Bedrooms | $545K | $572.2K | +5.0% |
Summary: Boone Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 77.8%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
| Boone Township | $329.9K | $344.8K | +4.5% |
| West Des Moines | $300K | $311.2K | +3.8% |
| Walnut Township | $293.2K | $300K | +2.3% |
| Waukee | $370.8K | $369.9K | -0.2% |
| Clive | $450K | $415.3K | -7.7% |
Housing Supply in Boone Township, IA
How many homes are available in Boone Township, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 352 | 356 | +1.1% |
Summary: The Boone Township real estate market had 356 homes for sale in October 2024, a 1.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 56 | 65 | +16.1% |
| 3 Bedrooms | 120 | 119 | -0.8% |
| 4 Bedrooms | 120 | 113 | -5.8% |
| 5+ Bedrooms | 56 | 58 | +3.6% |
Summary: The Boone Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.1%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 3.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 66 | +10.0% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
13 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. 59.1% of homes here sold below asking price last month.
Summary: A total of 66 homes were sold or pending in Boone Township in October 2024, up by 10.0% month-over-month. Of the 66 sold homes, 59% were sold under asking, 21% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 61 Days | 42 Days | -30.2% |
Summary: Homes in Boone Township had an average of 42 days on market in Oct 2024, down by 30.2% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
12 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 October 2024, 66 homes were sold in Boone Township; 56% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
