4 hours on Rocket
$3,503 Closing Credit¹
#713464, Hernandez, Marlin, Listing Office: Keller Williams Realty GDM
Lee Township Housing Market Report February 2025•Polk County, Iowa
Housing Prices in Lee Township, IA
How much do homes in Lee Township, IA cost?
Housing Market Conditions
Is Lee Township, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lee Township is a Neutral Market
Difference Since February 2024
At the same time last year, Lee Township was a Seller's Market.
Insight
Lee Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$189,933$187/SqFt
+$11,970
+6.7%
Based on all homes sold in the last 12 months
Insight
Homes in Lee Township have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Lee Township was $189,933 in February 2025, up 6.7% from last year, and the median price per square foot was $187.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Pleasant Hill | $302K | $325K | +7.6% |
| Lee Township | $177.9K | $189.9K | +6.7% |
| Des Moines Township | $205.7K | $215.2K | +4.6% |
| Des Moines | $206.2K | $215.5K | +4.5% |
| Delaware Township | $300K | $305K | +1.7% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $110K | $100K | -9.1% |
| 22 Bedrooms | $139.8K | $157.5K | +12.6% |
| 33 Bedrooms | $200K | $209.3K | +4.7% |
| 44 Bedrooms | $220K | $234.2K | +6.5% |
| 55+ Bedrooms | $235K | $251K | +6.8% |
Summary: Lee Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -9.1%. The home price for 2 bedroom homes increased by +12.6%. The home price for 3 bedroom homes increased by +4.7%. The home price for 4 bedroom homes increased by +6.5%. The home price for 5 bedroom homes increased by +6.8%.
How does Lee Township, IA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Lee Township, IA
Housing supply in Lee Township, IA
How many homes are available in Lee Township, IA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 255Last MonthFeb 2025 | ||
| 2482 months agoJan 2025 | +2.8 % Change MoMJan – Feb |
Summary: The Lee Township real estate market had 255 homes for sale in Feb 2025, a 2.8 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 40Last MonthFeb 2025 | ||
| 342 months agoJan 2025 | +17.6 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 8 | 10 | +25.0% |
| 22 Bedrooms | 82 | 84 | +2.4% |
| 33 Bedrooms | 117 | 121 | +3.4% |
| 44 Bedrooms | 35 | 33 | -5.7% |
| 55+ Bedrooms | 6 | 7 | +16.7% |
Summary: Lee Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +25.0%. The inventory for 2 bedroom homes increased by +2.4%. The inventory for 3 bedroom homes increased by +3.4%. The inventory for 4 bedroom homes decreased by -5.7%. The inventory for 5 bedroom homes increased by +16.7%.
Asking Price vs. Sold Price
How much do homes in Lee Township, IA cost?
Over Asking Price6 Homes
At Asking Price10 Homes
Under Asking Price24 Homes
Insight
If you're buying a home in Lee Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in Lee Township in February 2025, up by 17.6% month-over-month. Of the 40 sold homes, 60% were sold under asking, 25% were sold at asking, and and 15% were sold over asking.
Days on Market for Lee Township, IA
How long does it take to sell a home in Lee Township, IA?
Breakdown of Home Sale Times
Under 30 Days20 Homes
30 – 90 Days12 Homes
Over 90 Days8 Homes
Insight
Many homes in Lee Township are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 40 homes were sold in Lee Township; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 47 DaysThis YearFeb 2025 | ||
| 36 Days1 year agoFeb 2024 | +29.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Lee Township had an average listing age of 47 days in Feb 2025, up by 29.1% compared to the previous year.
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Newest Listings in Lee Township, IA
What homes are available in Lee Township, IA?
7 hours on Rocket
$2,316 Closing Credit¹
#713445, Nique Worthington, Listing Office: LPT Realty, LLC
9 hours on Rocket
$2,458 Closing Credit¹
#713416, Shannon Coryell, Listing Office: RE/MAX Concepts
1 day on Rocket
$2,197 Closing Credit¹
#713383, Jordan Jackson, Listing Office: RE/MAX Revolution
1 day on Rocket
$5,047 Closing Credit¹
#713340, Andrew Bruellman, Listing Office: RE/MAX Concepts
2 days on Rocket
$2,374 Closing Credit¹
#713272, Rose Green, Listing Office: RE/MAX Concepts
2 days on Rocket
$3,086 Closing Credit¹
#713245, Joe Hogan, Listing Office: RE/MAX Revolution
3 days on Rocket
$3,206 Closing Credit¹
#713206, Martin Castaneda, Listing Office: Uplift Realty
3 days on Rocket
$1,603 Closing Credit¹
#713147, Mike Fagerstrom, Listing Office: Keller Williams Realty GDM
6 days on Rocket
$2,255 Closing Credit¹
#713100, Michael Malone, Listing Office: Real Broker, LLC
6 days on RocketVideo tour
$2,968 Closing Credit¹
#713068, Angela McKenzie, Listing Office: RE/MAX Concepts
6 days on Rocket
$2,730 Closing Credit¹
#713062, Nathan Lee, Listing Office: Realty ONE Group Impact
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MLS Disclaimers and Copyright
Based on information from Des Moines MLS, for the period 03/01/2023 - 03/01/2025
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: 3/13/2025, 8:20:50 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: 3/13/2025, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.