West Des Moines Township Housing Market Report February 2025Mahaska County, Iowa

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Housing Prices in West Des Moines Township, IA

How much do homes in West Des Moines Township, IA cost?

Housing Market Conditions

Is West Des Moines Township, IA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

West Des Moines Township is a Neutral Market

Difference Since February 2024

At the same time last year, West Des Moines Township was a Seller's Market.

Insight

West Des Moines 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

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$315,679$200/SqFt
+$5,129
+1.7%

Based on all homes sold in the last 12 months

Insight

Homes in West Des Moines Township have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in West Des Moines Township was $315,679 in February 2025, up 1.7% from last year, and the median price per square foot was $200.

Median Sold Price By Bedrooms

Median Sold 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 2024Feb 2025Change YoY
1$125K$200K
+60.0%
2$202K$199K
-1.5%
3$305K$304.1K
-0.3%
4$389.9K$405K
+3.9%
5$550K$546.5K
-0.6%

Summary: West Des Moines Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +60.0%. The home price for 2 bedroom homes decreased by -1.5%. The home price for 3 bedroom homes decreased by -0.3%. The home price for 4 bedroom homes increased by +3.9%. The home price for 5 bedroom homes decreased by -0.6%.

Housing supply in West Des Moines Township, IA

How many homes are available in West Des Moines 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
305Last MonthFeb 2025
3112 months agoJan 2025
-1.9 %
Change MoMJan – Feb

Summary: The West Des Moines Township real estate market had 305 homes for sale in Feb 2025, a 1.9 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
47Last MonthFeb 2025
442 months agoJan 2025
+6.8 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
101
+100.0%
26968
-1.4%
3118116
-1.7%
49890
-8.2%
52630
+15.4%

Summary: West Des Moines Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -1.4%. The inventory for 3 bedroom homes decreased by -1.7%. The inventory for 4 bedroom homes decreased by -8.2%. The inventory for 5 bedroom homes increased by +15.4%.

Asking Price vs. Sold Price

How much do homes in West Des Moines 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 Price6 Homes

At Asking Price11 Homes

Under Asking Price30 Homes

Insight

If you're buying a home in West Des Moines Township, you may be able to get a good deal. 63.8% of homes here sold below asking price last month.

Summary: A total of 47 homes were sold or pending in West Des Moines Township in February 2025, up by 6.8% month-over-month. Of the 47 sold homes, 64% were sold under asking, 23% were sold at asking, and and 13% were sold over asking.

Days on Market for West Des Moines Township, IA

How long does it take to sell a home in West Des Moines Township, IA?

Breakdown of Home Sale Times

Under 30 Days21 Homes

30 – 90 Days15 Homes

Over 90 Days11 Homes

Insight

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

Summary: During February 2025, 47 homes were sold in West Des Moines Township; 45% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
52 DaysThis YearFeb 2025
66 Days1 year agoFeb 2024
-21.5 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in West Des Moines Township had an average listing age of 52 days in Feb 2025, down by 21.5% compared to the previous year.

Newest Listings in West Des Moines Township, IA

What homes are available in West Des Moines Township, IA?

Nearby markets

Nearby markets aren't available for West Des Moines Township, IA

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: 3/11/2025, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.