Is Center Township, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Center Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Center Township was a Seller's Market.

Key Takeaway

Center Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Center Township, IA

How much do homes in Center Township, IA cost?

Median Sold Price

$215,500

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,500(+19.7%)

Key Takeaway

Homes in Center Township have sold for 19.7% more than they did a year ago.

Summary: The median home sold price in Center Township was $215,500 in October 2024, up 19.7% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $125K-
N/A
2 $163K$125K
-23.3%
3 $180K$240K
+33.3%
4 $210.4K$245K
+16.4%
5+ $459K$220.2K
-52.0%

Summary: Center Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes decreased by 52%.

Median Sold Price Compared To Nearby Cities

Center Township
+19.7%
Tipton
+16.5%

Housing Supply in Center Township, IA

How many homes are available in Center Township, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
20200.0%

Summary: The Center Township real estate market had 20 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 69
+50.0%
4 96
-33.3%
5+ 23
+50.0%

Summary: The Center Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Center Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Center Township in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Center Township, IA

How long does it take to sell a home in Center Township, IA?

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days33 Days+230.0%

Summary: Homes in Center Township had an average of 33 days on market in Oct 2024, up by 230% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Center Township has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Center Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Center Township, IA

Nearby Markets to Center Township, IA