New - 9 hours on Rocket
$5,581 Closing Credit¹
Ebi Christopher, Listing Office: Keller Williams Realty GDM
Altoona Housing Market Report December 2024•Polk County, Iowa
Housing Prices in Altoona, IA
How much do homes in Altoona, IA cost?
Housing Market Conditions
Is Altoona, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Altoona is a Buyer's Market
Difference Since December 2023
At the same time last year, Altoona was a Seller's Market.
Insight
Altoona is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$325,000$225/SqFt
+$12,255
+3.9%
Based on all homes sold in the last 12 months
Insight
Homes in Altoona have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Altoona was $325,000 in December 2024, up 3.9% from last year, and the median price per square foot was $225.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Clay Township | $305.7K | $320K | +4.7% |
| Altoona | $312.7K | $325K | +3.9% |
| Bondurant | $327.9K | $339K | +3.4% |
| Delaware Township | $300K | $305K | +1.7% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $117.5K | N/A |
| 22 Bedrooms | $192K | $196.7K | +2.4% |
| 33 Bedrooms | $299.9K | $307K | +2.3% |
| 44 Bedrooms | $335.9K | $359.4K | +7.0% |
| 55+ Bedrooms | $472K | $450K | -4.7% |
Summary: Altoona housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +2.4%. The home price for 3 bedroom homes increased by +2.3%. The home price for 4 bedroom homes increased by +7.0%. The home price for 5 bedroom homes decreased by -4.7%.
Housing supply in Altoona, IA
How many homes are available in Altoona, IA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 168Last MonthDec 2024 | ||
| 1782 months agoNov 2024 | -5.6 % Change MoMNov – Dec |
Summary: The Altoona real estate market had 168 homes for sale in Dec 2024, a 5.6 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 18Last MonthDec 2024 | ||
| 252 months agoNov 2024 | -28.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 18 | 15 | -16.7% |
| 33 Bedrooms | 86 | 81 | -5.8% |
| 44 Bedrooms | 51 | 52 | +2.0% |
| 55+ Bedrooms | 23 | 20 | -13.0% |
Summary: Altoona housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -16.7%. The inventory for 3 bedroom homes decreased by -5.8%. The inventory for 4 bedroom homes increased by +2.0%. The inventory for 5 bedroom homes decreased by -13.0%.
Asking Price vs. Sold Price
How much do homes in Altoona, IA cost?
Over Asking Price3 Homes
At Asking Price7 Homes
Under Asking Price8 Homes
Insight
If you're buying a home in Altoona, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Altoona in December 2024, down by 28.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 39% were sold at asking, and and 17% were sold over asking.
Days on Market for Altoona, IA
How long does it take to sell a home in Altoona, IA?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days5 Homes
Over 90 Days4 Homes
Insight
Many homes in Altoona are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 18 homes were sold in Altoona; 50% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 66 DaysThis YearDec 2024 | ||
| 57 Days1 year agoDec 2023 | +16.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Altoona had an average listing age of 66 days in Dec 2024, up by 16.2% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Altoona, IA
What homes are available in Altoona, IA?
New - 10 hours on Rocket
$3,634 Closing Credit¹
Karissa Morris, Listing Office: RE/MAX Revolution
New - 11 hours on Rocket
$2,613 Closing Credit¹
SUSAN VANDERWAAL, Listing Office: Iowa Realty South
New - 13 hours on Rocket
$4,643 Closing Credit¹
Tammy Heckart, Listing Office: RE/MAX Concepts
New - 1 day on Rocket
$3,551 Closing Credit¹
Tiffan Yamen, Listing Office: Keller Williams Realty GDM
New - 1 day on Rocket
$5,047 Closing Credit¹
Tammy Heckart, Listing Office: RE/MAX Concepts
New - 2 days on Rocket3D tour
$3,805 Closing Credit¹
Justin Ver Steeg, Listing Office: EXP Realty, LLC
New - 3 days on Rocket
$3,741 Closing Credit¹
Aubrie Doyle, Listing Office: RE/MAX Results
New - 4 days on Rocket
$3,799 Closing Credit¹
Kathy Swanson, Listing Office: RE/MAX Concepts
$3,871 Closing Credit¹
Andrew Goodall, Listing Office: Goodall Properties LLC
$4,691 Closing Credit¹
Jasmine Peters, Listing Office: Goodall Properties LLC
$5,486 Closing Credit¹
Angie Lancaster, Listing Office: RE/MAX Concepts
Nearby markets
Popular Cities with Homes for Sale in Iowa
- Homes for sale in Altoona, IA
- Homes for sale in Bondurant, IA
- Homes for sale in Ankeny, IA
- Homes for sale in Bettendorf, IA
- Homes for sale in Cedar Rapids, IA
- Homes for sale in Clinton, IA
- Homes for sale in Clive, IA
- Homes for sale in Davenport, IA
- Homes for sale in Des Moines, IA
- Homes for sale in Grimes, IA
- Homes for sale in Iowa City, IA
- Homes for sale in Johnston, IA
- Homes for sale in Marion, IA
- Homes for sale in Newton, IA
- Homes for sale in Norwalk, IA
- Homes for sale in Pella, IA
- Homes for sale in Pleasant Hill, IA
- Homes for sale in Polk City, IA
- Homes for sale in Urbandale, IA
- Homes for sale in Waukee, IA
- Homes for sale in West Des Moines, IA
MLS Disclaimers and Copyright
Based on information from Des Moines MLS, for the period 01/01/2023 - 01/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines 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 deemed reliable but not guaranteed. Copyright© 2025 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.