$3,859 Closing Credit*
$325,000
1,888 SqFt
4 Beds
•1 Full Bath
Tasha Garlick, Listing Office: RE/MAX Concepts
Is Washington Township, 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, Washington Township was a Buyer'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
$200,500
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,000(+15.6%)
Key Takeaway
Homes in Washington Township have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in Washington Township was $200,500 in October 2024, up 15.6% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $127.6K | +34.4% |
| 2 Bedrooms | $99.7K | $75K | -24.8% |
| 3 Bedrooms | $190K | $200.5K | +5.5% |
| 4 Bedrooms | $299.9K | $244K | -18.6% |
| 5+ Bedrooms | $467.2K | $209K | -55.3% |
Summary: Washington Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes decreased by 24.8%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 18.6%, and 5+ bedroom homes decreased by 55.3%.
Median Sold Price Compared To Nearby Cities
| Mitchellville | $220.9K | $256.6K | +16.1% |
| Washington Township | $173.5K | $200.5K | +15.6% |
Housing Supply in Washington Township, IA
How many homes are available in Washington Township, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 25 | -13.8% |
Summary: The Washington Township real estate market had 25 homes for sale in October 2024, a 13.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Washington Township 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Washington Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Washington Township in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 17 Days | +10.9% |
Summary: Homes in Washington Township had an average of 17 days on market in Oct 2024, up by 10.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Washington Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Washington Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
