Ankeny Real Estate Market Update: May 2026
If you've been wondering whether the Ankeny housing market is slowing down, speeding up, or staying the same, the latest numbers tell an interesting story.
Compared to May 2025, the market has remained surprisingly stable in many ways. While the median sold price was lower this year, homes are selling at nearly the same pace and sellers are receiving a higher percentage of their asking price than they were a year ago.
Let's take a closer look at the numbers.
May 2026 vs. May 2025
Median Sold Price: $349,000 vs. $372,000
Average Days on Market: 73 days vs. 72 days
List-to-Sale Price Ratio: 92.0% vs. 89.9%
Median Sold Price Declined
The median sold price in Ankeny decreased from $372,000 in May 2025 to $349,000 in May 2026.
At first glance, that may seem like home values are declining. However, median price changes often reflect the types of homes that sold during a particular month rather than a broad decrease in property values.
For example, if more entry-level or mid-range homes sold this year and fewer luxury homes closed, the median price would naturally be lower.
It's important to look at multiple market indicators before drawing conclusions about home values.
Homes Are Selling at Nearly the Same Pace
One of the most telling statistics in this month's report is that average days on market remained virtually unchanged.
Homes took an average of 73 days to sell in May 2026 compared to 72 days in May 2025.
That tells us buyer demand remains relatively consistent. If the market were experiencing a significant slowdown, we would typically expect homes to sit on the market much longer than they are today.
Instead, buyers continue to purchase homes at a pace similar to last year.
Sellers Are Receiving More of Their Asking Price
Perhaps the most encouraging statistic for sellers is the improvement in the list-to-sale price ratio.
In May 2025, the average home sold for 89.9% of its asking price. In May 2026, that figure increased to 92%.
This suggests that sellers are either pricing their homes more accurately, buyers are willing to pay closer to asking price, or a combination of both.
While negotiations are still occurring, the gap between asking price and final sale price has narrowed compared to a year ago.
What This Means for Sellers
The Ankeny market remains healthy, but success still comes down to strategy.
Buyers have access to more information than ever before and can quickly identify homes that are overpriced. Sellers who price appropriately, prepare their home well, and market it effectively are still seeing strong results.
The data shows that buyers are willing to pay closer to asking price when a home is positioned correctly.
What This Means for Buyers
For buyers, today's market offers a more balanced environment than we've seen in recent years.
Homes are still selling, but buyers generally have more time to evaluate their options compared to the highly competitive markets of 2021 and 2022.
That doesn't mean you should wait indefinitely. Well-priced homes in desirable neighborhoods can still attract strong interest, but buyers may find they have more opportunities to negotiate than they did during the peak of the market.
Final Thoughts
The May 2026 numbers suggest that the Ankeny housing market remains stable.
While the median sold price was lower than last year, homes are selling at nearly the same pace and sellers are receiving a higher percentage of their asking price. Rather than signaling a major shift, these numbers point to a market that is becoming more balanced for both buyers and sellers.
If you're considering buying or selling in Ankeny and would like to discuss what these trends mean for your specific situation, we'd be happy to help.