$3,395 Closing Credit*
$285,900
1,609 SqFt
3 Beds
•2 Full Baths, 1 Partial
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 October 2023
At the same time last year, Van Meter was a Buyer's Market.
Key Takeaway
Van Meter is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Van Meter, IA
How much do homes in Van Meter, IA cost?
Median Sold Price
$327,400
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,329(+0.7%)
Key Takeaway
Homes in Van Meter have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Van Meter was $327,400 in October 2024, up 0.7% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $263.2K | - | N/A |
| 3 Bedrooms | $265K | $304.9K | +15.1% |
| 4 Bedrooms | $390K | $415.9K | +6.7% |
| 5+ Bedrooms | $712.5K | $661.2K | -7.2% |
Summary: Van Meter 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 did not change, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 7.2%.
Median Sold Price Compared To Nearby Cities
| Van Meter Township | $314.9K | $341.9K | +8.6% |
| Van Meter | $325K | $327.4K | +0.7% |
| Van Meter | $314.9K | $304.9K | -3.2% |
Housing Supply in Van Meter, IA
How many homes are available in Van Meter, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The Van Meter real estate market had 20 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Van Meter 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 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Van Meter, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Van Meter in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 71 Days | +450.0% |
Summary: Homes in Van Meter had an average of 71 days on market in Oct 2024, up by 450% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 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 October 2024, 4 homes were sold in Van Meter; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
