Urbandale Market Update
Urbandale Mortgage
The holiday season is officially amongst us. The leaves have changed colors, snow is beginning to fall, and holiday décor is available for purchase in almost every store. With Thanksgiving and Christmas just around the corner, there is no better time to purchase a home than now. That way you can host the celebrations with friends and loved ones in your own home and decorate the house however you please.
Buying a home this time of year means you will also benefit from low, competitive rates. Purchasing a home in the winter is not typically referred to as peak season, which means you can take your time when browsing the market and not feel rushed to make a decision. So, to help you get started in finding your dream home, your local Urbandale mortgage lender, The Tyler Osby Team, has listed the most current market update for the local region.
Urbandale Market Update
Over the past three years, the market in Urbandale has been fluctuating according to realtor.com. In November 2015, the median listing price for all property types was $245,000 and one year later the price had increased by approximately 8.2% to $265,000. By November 2017, the median listing price had risen an additional 2% to $270,000. As for the current median listing price for 2018, the price dropped 1.15% compared to last year to $266,900.
A current decrease in listing price means now would be an excellent time to lock in a rate for a Urbandale mortgage. It is inevitable that the housing market will rise in the near future, so act now before the rates become more expensive.
Urbandale is a thriving city and would be a wonderful place to settle down with your family. The current median listing price per square foot is $154 and the current median sold price is $241,300.
Contact Us
If you would like to receive more information on the current residential market or if you are interested in beginning an application for a mortgage in Urbandale, please contact The Tyler Osby Team at 515-257-6729.