New - 2 days on Rocket
$5,403 Closing Credit¹
Sue Sutton-Ludwig, Listing Office: RE/MAX Concepts
Palestine Township Housing Market Report December 2024•Story County, Iowa
Housing Prices in Palestine Township, IA
How much do homes in Palestine Township, IA cost?
Housing Market Conditions
Is Palestine Township, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Palestine Township is a Seller's Market
Difference Since December 2023
At the same time last year, Palestine Township was a Buyer's Market.
Insight
Palestine Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$315,500$238/SqFt
-$2,000
-0.6%
Based on all homes sold in the last 12 months
Insight
Homes in Palestine Township have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Palestine Township was $315,500 in December 2024, down 0.6% from last year, and the median price per square foot was $238.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Palestine Township | $317.5K | $315.5K | -0.6% |
| Huxley | $356K | $320K | -10.1% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $135K | - | N/A |
| 22 Bedrooms | $340K | $219.5K | -35.4% |
| 33 Bedrooms | $277K | $280.5K | +1.3% |
| 44 Bedrooms | $375K | $432.5K | +15.3% |
| 55+ Bedrooms | $400K | $500K | +25.0% |
Summary: Palestine Township 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 decreased by -35.4%. The home price for 3 bedroom homes increased by +1.3%. The home price for 4 bedroom homes increased by +15.3%. The home price for 5 bedroom homes increased by +25.0%.
Housing supply in Palestine Township, IA
How many homes are available in Palestine Township, IA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 29Last MonthDec 2024 | ||
| 392 months agoNov 2024 | -25.6 % Change MoMNov – Dec |
Summary: The Palestine Township real estate market had 29 homes for sale in Dec 2024, a 25.6 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthDec 2024 | ||
| 112 months agoNov 2024 | -45.5 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 1 | -75.0% |
| 33 Bedrooms | 14 | 10 | -28.6% |
| 44 Bedrooms | 13 | 12 | -7.7% |
| 55+ Bedrooms | 8 | 6 | -25.0% |
Summary: Palestine Township 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 -75.0%. The inventory for 3 bedroom homes decreased by -28.6%. The inventory for 4 bedroom homes decreased by -7.7%. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in Palestine Township, IA cost?
Over Asking Price4 Homes
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Palestine Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Palestine Township in December 2024, down by 45.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and and 67% were sold over asking.
Days on Market for Palestine Township, IA
How long does it take to sell a home in Palestine Township, IA?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Palestine Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 6 homes were sold in Palestine Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 5 DaysThis YearDec 2024 | ||
| 66 Days1 year agoDec 2023 | -92.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Palestine Township had an average listing age of 5 days in Dec 2024, down by 92.0% compared to the previous year.
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Newest Listings in Palestine Township, IA
What homes are available in Palestine Township, IA?
New - 7 days on Rocket
$4,928 Closing Credit¹
Mac Smith, Listing Office: Century 21 Signature R.E.
Video tour
$4,334 Closing Credit¹
Liske, Bailey, Listing Office: RE/MAX Hilltop
$6,947 Closing Credit¹
Bergman, Scot, Listing Office: Agency Iowa
$3,028 Closing Credit¹
Ethan Hokel, Listing Office: Century 21 Signature
Michelle Fetters, Listing Office: RE/MAX Revolution
$2,136 Closing Credit¹
Ethan Hokel, Listing Office: Century 21 Signature
$5,219 Closing Credit¹
Shaun Etter, Listing Office: LPT Realty, LLC
$1,227 Closing Credit¹
STEVEN CAMERONA, Listing Office: Iowa Realty Beaverdale
$3,859 Closing Credit¹
Audra Sypolt, Listing Office: RE/MAX Concepts
$6,234 Closing Credit¹
Ethan Hokel, Listing Office: Century 21 Signature
$3,561 Closing Credit¹
Kristina Leek, Listing Office: RE/MAX Precision
Nearby markets
Nearby markets aren't available for Palestine Township, IA
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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.