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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglas Township is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Douglas Township was a Neutral Market.

Key Takeaway

Douglas Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Douglas Township, IA

How much do homes in Douglas Township, IA cost?

Median Sold Price

$344,443

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,748(+4.2%)

Key Takeaway

Homes in Douglas Township have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Douglas Township was $344,443 in October 2024, up 4.2% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$133K
N/A
2 $170K$161.7K
-4.9%
3 $305K$305K
0.0%
4 $377.7K$369.9K
-2.1%
5+ $523.2K$479.9K
-8.3%

Summary: Douglas 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 4.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 8.3%.

Median Sold Price Compared To Nearby Cities

Douglas Township
+4.2%
Bondurant
+3.4%
Ankeny
+3.1%
Franklin Township
+2.0%

Housing Supply in Douglas Township, IA

How many homes are available in Douglas Township, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
132138+4.5%

Summary: The Douglas Township real estate market had 138 homes for sale in October 2024, a 4.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1718
+5.9%
3 5348
-9.4%
4 4853
+10.4%
5+ 1419
+35.7%

Summary: The Douglas 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 increased by 5.9%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 35.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2225+13.6%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglas Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Douglas Township in October 2024, up by 13.6% month-over-month. Of the 25 sold homes, 60% were sold under asking, 32% were sold at asking, and 8% were sold over asking.

Days on Market for Douglas Township, IA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days107 Days+125.1%

Summary: Homes in Douglas Township had an average of 107 days on market in Oct 2024, up by 125.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Douglas Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 25 homes were sold in Douglas Township; 40% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 48% 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 20 Days Ago

Newest Listings in Douglas Township, IA

Nearby Markets to Douglas Township, IA

What housing markets are near Douglas Township, IA?