Is Waukee, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waukee is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Waukee has remained a Buyer's Market.

Key Takeaway

Waukee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Waukee, IA

How much do homes in Waukee, IA cost?

Median Sold Price

$369,978

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,412(-0.4%)

Key Takeaway

The sold price of homes in Waukee has remained the same since last year.

Summary: The median home sold price in Waukee was $369,978 in November 2024, down 0.4% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $200K$233K
+16.5%
3 $320K$314K
-1.9%
4 $400K$404.5K
+1.1%
5+ $545.3K$549.9K
+0.8%

Summary: Waukee 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 16.5%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 0.8%.

Median Sold Price Compared To Nearby Cities

Boone Township
+4.2%
West Des Moines
+3.6%
Waukee
-0.4%
Clive
-2.4%
Walnut Township
-3.7%

Housing Supply in Waukee, IA

How many homes are available in Waukee, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
416402-3.4%

Summary: The Waukee real estate market had 402 homes for sale in November 2024, a 3.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3433
-2.9%
3 139136
-2.2%
4 173163
-5.8%
5+ 7070
0.0%

Summary: The Waukee 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 2.9%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6042-30.0%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waukee, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in Waukee in November 2024, down by 30.0% month-over-month. Of the 42 sold homes, 52% were sold under asking, 26% were sold at asking, and 21% were sold over asking.

Days on Market for Waukee, IA

How long does it take to sell a home in Waukee, IA?

Average Sale Time

Nov 2023Nov 2024CHANGE
104 Days76 Days-27.1%

Summary: Homes in Waukee had an average of 76 days on market in Nov 2024, down by 27.1% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Waukee are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 42 homes were sold in Waukee; 43% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Waukee, IA

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