Is 50014, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 50014 was a Seller's Market.
Key Takeaway
50014 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 50014, IA
How much do homes in 50014, IA cost?
Median Sold Price
$340,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in 50014 has remained the same since last year.
Summary: The median home sold price in 50014 was $340,000 in March 2024, up 0.3% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $127.5K | +6.3% |
| 2 Bedrooms | $180K | $200K | +11.1% |
| 3 Bedrooms | $294K | $309.9K | +5.4% |
| 4 Bedrooms | $372K | $360K | -3.2% |
| 5+ Bedrooms | $492.5K | $438.7K | -10.9% |
Summary: 50014 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 10.9%.
Median Sold Price Compared To Nearby Zip Codes
| 50010 | $265K | $286.5K | +8.1% |
| 50014 | $339K | $340K | 0.3% |
Housing Supply in 50014, IA
How many homes are available in 50014, IA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 45 | 57 | +26.7% |
Summary: The 50014 real estate market had 57 homes for sale in March 2024, a 26.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 21 | 25 | +19.0% |
| 5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The 50014 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 50014, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 50014 in March 2024, up by 28.6% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for 50014, IA
How long does it take to sell a home in 50014, IA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 48 Days | 115 Days | +138.7% |
Summary: Homes in 50014 had an average of 115 days on market in Mar 2024, up by 138.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50014 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in 50014; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
