Is 50021, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 50021 has remained a Seller's Market.
Key Takeaway
50021 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50021, IA
How much do homes in 50021, IA cost?
Median Sold Price
$309,166
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 50021 have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in 50021 was $309,166 in March 2024, up 8.6% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | - | N/A |
| 2 Bedrooms | $184.5K | $193K | +4.6% |
| 3 Bedrooms | $278.9K | $295K | +5.8% |
| 4 Bedrooms | $389.7K | $367.5K | -5.7% |
| 5+ Bedrooms | $569K | $532.4K | -6.4% |
Summary: 50021 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 6.4%.
Housing Supply in 50021, IA
How many homes are available in 50021, IA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 186 | 180 | -3.2% |
Summary: The 50021 real estate market had 180 homes for sale in March 2024, a 3.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 33 | 29 | -12.1% |
| 3 Bedrooms | 73 | 71 | -2.7% |
| 4 Bedrooms | 54 | 54 | 0.0% |
| 5+ Bedrooms | 26 | 25 | -3.8% |
Summary: The 50021 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 12.1%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 3.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 38 | +18.8% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50021, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in 50021 in March 2024, up by 18.8% month-over-month. Of the 38 sold homes, 58% were sold under asking, 34% were sold at asking, and 8% were sold over asking.
Days on Market for 50021, IA
How long does it take to sell a home in 50021, IA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 66 Days | +58.9% |
Summary: Homes in 50021 had an average of 66 days on market in Mar 2024, up by 58.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50021 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 38 homes were sold in 50021; 42% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
