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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Garden Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Garden Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Garden Township, IA

How much do homes in Garden Township, IA cost?

Median Sold Price

$318,500

$243/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$64,800(+25.5%)

Key Takeaway

Homes in Garden Township have sold for 25.5% more than they did a month ago.

Summary: The median home sold price in Garden Township was $318,500 in October 2024, up 25.5% from last month, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $207.5K-
N/A
3 -$265K
N/A
4 $299.9K$372K
+24.0%
5+ --
N/A

Summary: Garden Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 24%, and 5+ bedroom homes did not change.

Housing Supply in Garden Township, IA

How many homes are available in Garden Township, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The Garden Township real estate market had 6 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 10
-100.0%
3 12
+100.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Garden 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 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Garden Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Garden Township in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Garden Township, IA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
10 Days78 Days+647.6%

Summary: Homes in Garden Township had an average of 78 days on market in Oct 2024, up by 647.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Garden Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

Newest Listings in Garden Township, IA

Nearby Markets to Garden Township, IA