$4,691 Closing Credit*
$394,990
1,392 SqFt
3 Beds
•1 Full Bath
Rob Burditt, Listing Office: Hubbell Homes of Iowa, LLC
Is Four Mile Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Four Mile Township was a Neutral Market.
Key Takeaway
Four Mile Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Four Mile Township, IA
How much do homes in Four Mile Township, IA cost?
Median Sold Price
$302,500
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,550(+2.9%)
Key Takeaway
Homes in Four Mile Township have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Four Mile Township was $302,500 in November 2024, up 2.9% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $218.9K | $225K | +2.8% |
| 3 Bedrooms | $290K | $280.5K | -3.3% |
| 4 Bedrooms | $366.7K | $385K | +5.0% |
| 5+ Bedrooms | $449.9K | $450K | 0.0% |
Summary: Four Mile Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lee Township | $174.9K | $187.6K | +7.3% |
| Pleasant Hill | $299.9K | $320K | +6.7% |
| Clay Township | $308.5K | $317.8K | +3.0% |
| Four Mile Township | $293.9K | $302.5K | +2.9% |
| Allen Township | $330K | $329.4K | -0.2% |
Housing Supply in Four Mile Township, IA
How many homes are available in Four Mile Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 74 | 71 | -4.1% |
Summary: The Four Mile Township real estate market had 71 homes for sale in November 2024, a 4.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 39 | 39 | 0.0% |
| 4 Bedrooms | 18 | 15 | -16.7% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Four Mile 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 8.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Four Mile Township, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Four Mile Township in November 2024, up by 18.2% month-over-month. Of the 13 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.
Days on Market for Four Mile Township, IA
How long does it take to sell a home in Four Mile Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 51 Days | -20.8% |
Summary: Homes in Four Mile Township had an average of 51 days on market in Nov 2024, down by 20.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Four Mile Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Four Mile Township; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
