Is 50010, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 50010 has remained a Seller's Market.
Key Takeaway
50010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50010, IA
How much do homes in 50010, IA cost?
Median Sold Price
$285,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 50010 have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in 50010 was $285,000 in April 2024, up 7.5% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $222K | $30K | -86.5% |
| 2 Bedrooms | $193.2K | $187.5K | -3.0% |
| 3 Bedrooms | $251K | $275.5K | +9.8% |
| 4 Bedrooms | $315K | $355K | +12.7% |
| 5+ Bedrooms | $392.4K | $331K | -15.7% |
Summary: 50010 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 86.5%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes decreased by 15.7%.
Median Sold Price Compared To Nearby Zip Codes
| 50105 | $300.7K | $398.5K | +32.5% |
| 50010 | $265K | $285K | +7.5% |
| 50201 | $201.5K | $213K | +5.7% |
| 50014 | $335.9K | $340K | +1.2% |
Housing Supply in 50010, IA
How many homes are available in 50010, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 59 | 57 | -3.4% |
Summary: The 50010 real estate market had 57 homes for sale in April 2024, a 3.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 21 | 26 | +23.8% |
| 4 Bedrooms | 23 | 15 | -34.8% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 50010 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.8%, 4 bedroom homes decreased by 34.8%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 50010, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 50010 in April 2024, down by 5.9% month-over-month. Of the 16 sold homes, 88% were sold under asking, 6% were sold at asking, and 6% were sold over asking.
Days on Market for 50010, IA
How long does it take to sell a home in 50010, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 8 Days | 75 Days | +796.2% |
Summary: Homes in 50010 had an average of 75 days on market in Apr 2024, up by 796.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50010 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 16 homes were sold in 50010; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
