$2,138 Closing Credit*
$180,000
1,128 SqFt
3 Beds
•1 Full Bath
Sarah Shaffer, Listing Office: Realty ONE Group Impact
Is West Des Moines, 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, West Des Moines has remained a Seller's Market.
Key Takeaway
West Des Moines is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Des Moines, IA
How much do homes in West Des Moines, IA cost?
Median Sold Price
$315,752
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,002(+3.6%)
Key Takeaway
Homes in West Des Moines have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in West Des Moines was $315,752 in November 2024, up 3.6% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $111.2K | $162K | +45.6% |
| 2 Bedrooms | $198K | $192.5K | -2.8% |
| 3 Bedrooms | $300K | $304.6K | +1.5% |
| 4 Bedrooms | $384.9K | $408.5K | +6.2% |
| 5+ Bedrooms | $550K | $609.4K | +10.8% |
Summary: West Des Moines housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.6%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 10.8%.
Median Sold Price Compared To Nearby Cities
| Boone Township | $331.5K | $345.4K | +4.2% |
| West Des Moines | $304.7K | $315.7K | +3.6% |
| Cumming | $535K | $546.8K | +2.2% |
| Walnut Township | $297.6K | $303.9K | +2.1% |
| Clive | $447.6K | $436.6K | -2.4% |
Housing Supply in West Des Moines, IA
How many homes are available in West Des Moines, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 407 | 369 | -9.3% |
Summary: The West Des Moines real estate market had 369 homes for sale in November 2024, a 9.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 78 | 65 | -16.7% |
| 3 Bedrooms | 158 | 138 | -12.7% |
| 4 Bedrooms | 124 | 129 | +4.0% |
| 5+ Bedrooms | 45 | 37 | -17.8% |
Summary: The West Des Moines housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 17.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 74 | 86 | +16.2% |
Asking Price vs. Sold Price
56 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Des Moines, you may be able to get a good deal. 65.1% of homes here sold below asking price last month.
Summary: A total of 86 homes were sold or pending in West Des Moines in November 2024, up by 16.2% month-over-month. Of the 86 sold homes, 65% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for West Des Moines, IA
How long does it take to sell a home in West Des Moines, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 47 Days | +14.8% |
Summary: Homes in West Des Moines had an average of 47 days on market in Nov 2024, up by 14.8% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Des Moines are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 86 homes were sold in West Des Moines; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
