$3,384 Closing Credit*
$285,000
1,208 SqFt
3 Beds
•2 Full Baths
Audra Sypolt, Listing Office: RE/MAX Concepts
Is Des Moines 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, Des Moines Township has remained a Seller's Market.
Key Takeaway
Des Moines Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Des Moines Township, IA
How much do homes in Des Moines Township, IA cost?
Median Sold Price
$214,913
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,294(+7.1%)
Key Takeaway
Homes in Des Moines Township have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Des Moines Township was $214,913 in November 2024, up 7.1% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130.1K | $122.5K | -5.8% |
| 2 Bedrooms | $158.4K | $166K | +4.8% |
| 3 Bedrooms | $215K | $225K | +4.7% |
| 4 Bedrooms | $248.7K | $277.3K | +11.5% |
| 5+ Bedrooms | $295K | $315K | +6.8% |
Summary: Des Moines Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 6.8%.
Median Sold Price Compared To Nearby Cities
| Des Moines Township | $200.6K | $214.9K | +7.1% |
| Prairie City | $237K | $247.5K | +4.4% |
| Camp Township | $415K | $425K | +2.4% |
Housing Supply in Des Moines Township, IA
How many homes are available in Des Moines Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,160 | 1,101 | -5.1% |
Summary: The Des Moines Township real estate market had 1,101 homes for sale in November 2024, a 5.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 37 | 32 | -13.5% |
| 2 Bedrooms | 313 | 289 | -7.7% |
| 3 Bedrooms | 519 | 505 | -2.7% |
| 4 Bedrooms | 227 | 214 | -5.7% |
| 5+ Bedrooms | 64 | 61 | -4.7% |
Summary: The Des Moines Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.5%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 4.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 255 | 206 | -19.2% |
Asking Price vs. Sold Price
124 Homes Were Sold
Under Asking
49 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Des Moines Township, you may be able to get a good deal. 60.2% of homes here sold below asking price last month.
Summary: A total of 206 homes were sold or pending in Des Moines Township in November 2024, down by 19.2% month-over-month. Of the 206 sold homes, 60% were sold under asking, 24% were sold at asking, and 16% were sold over asking.
Days on Market for Des Moines Township, IA
How long does it take to sell a home in Des Moines Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 34 Days | +28.8% |
Summary: Homes in Des Moines Township had an average of 34 days on market in Nov 2024, up by 28.8% compared to last year.
Breakdown of Home Sale Times
133 Homes Were Sold
Under 30 Days
53 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Des Moines Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 206 homes were sold in Des Moines Township; 65% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
