Is Urbandale, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Urbandale is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Urbandale is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Urbandale, IA

How much do homes in Urbandale, IA cost?

Median Sold Price

$349,825

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,351(+8.5%)

Key Takeaway

Homes in Urbandale have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Urbandale was $349,825 in November 2024, up 8.5% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $179K$198.2K
+10.7%
3 $294.7K$305.3K
+3.6%
4 $393.6K$416.9K
+5.9%
5+ $598.5K$629.9K
+5.2%

Summary: Urbandale 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 10.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Cities

Urbandale
+8.5%
Grimes
+7.3%
Webster Township
+6.7%
Clive
-2.4%
Walnut Township
-3.7%

Housing Supply in Urbandale, IA

How many homes are available in Urbandale, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
417379-9.1%

Summary: The Urbandale real estate market had 379 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 5654
-3.6%
3 120108
-10.0%
4 156136
-12.8%
5+ 8581
-4.7%

Summary: The Urbandale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 4.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7761-20.8%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Urbandale, you may be able to get a good deal. 41% of homes here sold below asking price last month.

Summary: A total of 61 homes were sold or pending in Urbandale in November 2024, down by 20.8% month-over-month. Of the 61 sold homes, 41% were sold under asking, 38% were sold at asking, and 21% were sold over asking.

Days on Market for Urbandale, IA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days56 Days+71.6%

Summary: Homes in Urbandale had an average of 56 days on market in Nov 2024, up by 71.6% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Urbandale are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 61 homes were sold in Urbandale; 59% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 21% 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 17 Days Ago

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