$2,375 Closing Credit*
$200,000
1,269 SqFt
3 Beds
•1 Full Bath
Debra Callahan, Listing Office: RE/MAX CONCEPTS
Is Westdale, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Westdale was a Seller's Market.
Key Takeaway
Westdale 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 Westdale, IA
How much do homes in Westdale, IA cost?
Median Sold Price
$203,500
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,500(+6.0%)
Key Takeaway
Homes in Westdale have sold for 6% more than they did a year ago.
Summary: The median home sold price in Westdale was $203,500 in November 2024, up 6% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $127K | $134.3K | +5.8% |
| 3 Bedrooms | $190K | $207.5K | +9.2% |
| 4 Bedrooms | $238.5K | $230K | -3.6% |
| 5+ Bedrooms | $270K | $276K | +2.2% |
Summary: Westdale 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 5.8%, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Westdale | $192K | $203.5K | +6.0% |
| Cedar Hills | $182.5K | $190K | +4.1% |
Housing Supply in Westdale, IA
How many homes are available in Westdale, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 | 72 | 0.0% |
Summary: The Westdale real estate market had 72 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 14 | 16 | +14.3% |
| 3 Bedrooms | 39 | 36 | -7.7% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Westdale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westdale, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Westdale in November 2024, down by 21.4% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.
Days on Market for Westdale, IA
How long does it take to sell a home in Westdale, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 19 Days | -46.0% |
Summary: Homes in Westdale had an average of 19 days on market in Nov 2024, down by 46% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Westdale are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Westdale; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.