$4,382 Closing Credit*
$369,000
1,231 SqFt
4 Beds
•2 Full Baths
Stephanie Thomas, Listing Office: RE/MAX Concepts
Is Walnut Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Walnut Township has remained a Buyer's Market.
Key Takeaway
Walnut Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Walnut Township, IA
How much do homes in Walnut Township, IA cost?
Median Sold Price
$384,995
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$14,725(-3.7%)
Key Takeaway
Homes in Walnut Township have sold for 3.7% less than they did a year ago.
Summary: The median home sold price in Walnut Township was $384,995 in November 2024, down 3.7% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $202.5K | $234K | +15.6% |
| 3 Bedrooms | $308K | $315.3K | +2.4% |
| 4 Bedrooms | $442.5K | $414.9K | -6.2% |
| 5+ Bedrooms | $599.5K | $610K | +1.8% |
Summary: Walnut 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 15.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes increased by 1.8%.
Housing Supply in Walnut Township, IA
How many homes are available in Walnut Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 608 | 581 | -4.4% |
Summary: The Walnut Township real estate market had 581 homes for sale in November 2024, a 4.4% decrease 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 | 46 | 45 | -2.2% |
| 3 Bedrooms | 176 | 171 | -2.8% |
| 4 Bedrooms | 252 | 232 | -7.9% |
| 5+ Bedrooms | 134 | 133 | -0.7% |
Summary: The Walnut Township 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 2.2%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 0.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 89 | 66 | -25.8% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walnut Township, you may be able to get a good deal. 47% of homes here sold below asking price last month.
Summary: A total of 66 homes were sold or pending in Walnut Township in November 2024, down by 25.8% month-over-month. Of the 66 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% were sold over asking.
Days on Market for Walnut Township, IA
How long does it take to sell a home in Walnut Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 69 Days | 60 Days | -13.4% |
Summary: Homes in Walnut Township had an average of 60 days on market in Nov 2024, down by 13.4% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walnut Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 66 homes were sold in Walnut Township; 52% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
