Penn Township Housing Market Report March 2025•Guthrie County, Iowa

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Housing Prices in Penn Township, IA

How much do homes in Penn Township, IA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$469,900$370/SqFt
-$100,050
-17.6%

Based on all homes listed in March 2025

Insight

The list price of homes in Penn Township has decreased by 17.6% since February.

Summary: The median home list price in Penn Township was $469,900 in March 2025, down 17.6% from the previous month, and the median price per square foot was $370.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Lincoln Township
0.0%
Penn Township
-17.6%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2025Mar 2025Change MoM
1$370K$370K
0.0%
2$449.9K$449.9K
0.0%
3$417.4K$417.4K
0.0%
4$975K$975K
0.0%
5$725K$827K
+14.1%

Summary: Penn Township housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +14.1%.

How does Penn Township, IA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Penn Township, IA

Housing supply in Penn Township, IA

How many homes are available in Penn Township, IA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
7Last MonthMar 2025
82 months agoFeb 2025
-12.5 %
Change MoMFeb – Mar

Summary: The Penn Township real estate market had 7 homes for sale in Mar 2025, a 12.5 % decrease compared to Feb 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
111
0.0%
211
0.0%
322
0.0%
411
0.0%
532
-33.3%

Summary: Penn Township housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -33.3%.

Asking Price vs. Sold Price

How much do homes in Penn Township, IA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Penn Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Penn Township in March 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Penn Township, IA

How long does it take to sell a home in Penn Township, IA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Penn Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 1 homes were sold in Penn 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 Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
138 DaysLast MonthMar 2025
114 Days1 month agoFeb 2025
+21.7 %
Change MoMFeb – Mar

Summary: Homes in Penn Township had an average listing age of 138 days in Mar 2025, up by 21.7% compared to the previous month.

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Newest Listings in Penn Township, IA

What homes are available in Penn Township, IA?

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MLS Disclaimers and Copyright

Based on information from Des Moines MLS, for the period 02/01/2025 - 04/01/2025

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: 4/25/2025, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.