$8,253 Closing Credit*
$695,000
2,616 SqFt
3 Beds
•1 Full Bath
Patty Meese, Listing Office: Friedrich Iowa Realty
Is Washington Township, 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, Washington Township was a Seller's Market.
Key Takeaway
Washington Township 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 Washington Township, IA
How much do homes in Washington Township, IA cost?
Median Sold Price
$290,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+11.5%)
Key Takeaway
Homes in Washington Township have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Washington Township was $290,000 in November 2024, up 11.5% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $91.2K | $128K | +40.3% |
| 2 Bedrooms | $178K | $199.9K | +12.3% |
| 3 Bedrooms | $260K | $283K | +8.8% |
| 4 Bedrooms | $332.5K | $326.5K | -1.8% |
| 5+ Bedrooms | $320K | $389.9K | +21.8% |
Summary: Washington Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.3%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 21.8%.
Median Sold Price Compared To Nearby Cities
| Washington Township | $260K | $290K | +11.5% |
| Ames | $301.1K | $309.3K | +2.7% |
| Franklin Township | $320.9K | $320K | -0.3% |
Housing Supply in Washington Township, IA
How many homes are available in Washington Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 73 | 66 | -9.6% |
Summary: The Washington Township real estate market had 66 homes for sale in November 2024, a 9.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 9 | 4 | -55.6% |
| 3 Bedrooms | 24 | 26 | +8.3% |
| 4 Bedrooms | 26 | 23 | -11.5% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Washington Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 55.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Washington Township, you may be able to get a good deal. 90.9% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Washington Township in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 91% were sold under asking, 0% were sold at asking, and 9% were sold over asking.
Days on Market for Washington Township, IA
How long does it take to sell a home in Washington Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 60 Days | +169.1% |
Summary: Homes in Washington Township had an average of 60 days on market in Nov 2024, up by 169.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Washington Township has remained consistent over time.
Summary: During November 2024, 11 homes were sold in Washington Township; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
