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 October 2023

At the same time last year, Waukee was a Seller'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

$369,913

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$887(-0.2%)

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 $369,913 in October 2024, down 0.2% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $200K$232K
+16.0%
3 $321.6K$320K
-0.5%
4 $399.9K$406.9K
+1.7%
5+ $545.3K$547K
0.3%

Summary: Waukee 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 increased by 16%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 0.3%.

Median Sold Price Compared To Nearby Cities

Boone Township
+4.5%
West Des Moines
+3.8%
Waukee
-0.2%
Walnut Township
-3.8%
Clive
-7.7%

Housing Supply in Waukee, IA

How many homes are available in Waukee, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
429417-2.8%

Summary: The Waukee real estate market had 417 homes for sale in October 2024, a 2.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2932
+10.3%
3 134136
+1.5%
4 192175
-8.9%
5+ 7474
0.0%

Summary: The Waukee 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 10.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5550-9.1%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

6 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. 56% of homes here sold below asking price last month.

Summary: A total of 50 homes were sold or pending in Waukee in October 2024, down by 9.1% month-over-month. Of the 50 sold homes, 56% were sold under asking, 32% were sold at asking, and 12% 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

Oct 2023Oct 2024CHANGE
111 Days76 Days-31.1%

Summary: Homes in Waukee had an average of 76 days on market in Oct 2024, down by 31.1% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

18 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 October 2024, 50 homes were sold in Waukee; 38% of homes were sold within 30 days, 26% 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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