$2,613 Closing Credit*
$220,000
1,052 SqFt
2 Beds
•1 Full Bath, 1 Partial
Cy Phillips, Listing Office: Space Simply
Is West Des Moines Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, West Des Moines Township has remained a Seller's Market.
Key Takeaway
West Des Moines Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Des Moines Township, IA
How much do homes in West Des Moines Township, IA cost?
Median Sold Price
$311,046
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,051(+3.3%)
Key Takeaway
Homes in West Des Moines Township have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in West Des Moines Township was $311,046 in October 2024, up 3.3% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $200K | +60.0% |
| 2 Bedrooms | $195K | $197.5K | +1.3% |
| 3 Bedrooms | $299.9K | $303.2K | +1.1% |
| 4 Bedrooms | $382.5K | $414K | +8.2% |
| 5+ Bedrooms | $550K | $587.4K | +6.8% |
Summary: West Des Moines Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 6.8%.
Housing Supply in West Des Moines Township, IA
How many homes are available in West Des Moines Township, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 388 | 403 | +3.9% |
Summary: The West Des Moines Township real estate market had 403 homes for sale in October 2024, a 3.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 68 | 77 | +13.2% |
| 3 Bedrooms | 145 | 152 | +4.8% |
| 4 Bedrooms | 126 | 128 | +1.6% |
| 5+ Bedrooms | 48 | 45 | -6.3% |
Summary: The West Des Moines 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 increased by 13.2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 | 74 | 0.0% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Des Moines Township, you may be able to get a good deal. 64.9% of homes here sold below asking price last month.
Summary: A total of 74 homes were sold or pending in West Des Moines Township in October 2024, the same as the previous month. Of the 74 sold homes, 65% were sold under asking, 22% were sold at asking, and 14% were sold over asking.
Days on Market for West Des Moines Township, IA
How long does it take to sell a home in West Des Moines Township, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 30 Days | +22.2% |
Summary: Homes in West Des Moines Township had an average of 30 days on market in Oct 2024, up by 22.2% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Des Moines Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 74 homes were sold in West Des Moines Township; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
