$9,143 Closing Credit*
$769,900
1,993 SqFt
5 Beds
•3 Full Baths
Lindsy Baker, Listing Office: RE/MAX Concepts
Is Van Meter, 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, Van Meter was a Seller's Market.
Key Takeaway
Van Meter 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 Van Meter, IA
How much do homes in Van Meter, IA cost?
Median Sold Price
$336,200
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,300(+6.8%)
Key Takeaway
Homes in Van Meter have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Van Meter was $336,200 in November 2024, up 6.8% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $263.2K | $416.3K | +58.2% |
| 3 Bedrooms | $297.7K | $304.9K | +2.4% |
| 4 Bedrooms | $390K | $438K | +12.3% |
| 5+ Bedrooms | $610K | $661.2K | +8.4% |
Summary: Van Meter 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 58.2%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 8.4%.
Median Sold Price Compared To Nearby Cities
| Van Meter Township | $313K | $357K | +14.1% |
| Van Meter | $314.9K | $336.2K | +6.8% |
| Van Meter | $313.9K | $304.9K | -2.9% |
Housing Supply in Van Meter, IA
How many homes are available in Van Meter, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 28 | +21.7% |
Summary: The Van Meter real estate market had 28 homes for sale in November 2024, a 21.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 11 | 16 | +45.5% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Van Meter 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 remained the same, 3 bedroom homes increased by 45.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Van Meter, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Van Meter in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Van Meter, IA
How long does it take to sell a home in Van Meter, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 98 Days | 5 Days | -94.9% |
Summary: Homes in Van Meter had an average of 5 days on market in Nov 2024, down by 94.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Van Meter are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Van Meter; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
