$1,841 Closing Credit*
$155,000
1,387 SqFt
4 Beds
•2 Full Baths
Rainey Cook, Listing Office: Realty ONE Group Impact
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
$195,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,000(+10.8%)
Key Takeaway
Homes in Boone Township have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in Boone Township was $195,000 in November 2024, up 10.8% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176K | $35K | -80.1% |
| 2 Bedrooms | $133.5K | $149.9K | +12.3% |
| 3 Bedrooms | $182.7K | $198.4K | +8.6% |
| 4 Bedrooms | $198K | $234.4K | +18.4% |
| 5+ Bedrooms | $398K | $349.5K | -12.2% |
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 80.1%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes decreased by 12.2%.
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 |
|---|---|---|
| 67 | 61 | -9.0% |
Summary: The Boone Township real estate market had 61 homes for sale in November 2024, a 9.0% 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 | 14 | 12 | -14.3% |
| 3 Bedrooms | 26 | 21 | -19.2% |
| 4 Bedrooms | 16 | 14 | -12.5% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
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 14.3%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 13 | -31.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Boone Township, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Boone Township in November 2024, down by 31.6% month-over-month. Of the 13 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% 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 |
|---|---|---|
| 26 Days | 39 Days | +49.2% |
Summary: Homes in Boone Township had an average of 39 days on market in Nov 2024, up by 49.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was 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, 13 homes were sold in Boone Township; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
