Is 50073, 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, 50073 has remained a Buyer's Market.
Key Takeaway
50073 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 50073, IA
How much do homes in 50073, IA cost?
Median Sold Price
$300,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 50073 have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in 50073 was $300,000 in April 2024, up 1.2% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $273K | $299.9K | +9.9% |
| 4 Bedrooms | $336.7K | $310K | -7.9% |
| 5+ Bedrooms | $394.9K | $359.8K | -8.9% |
Summary: 50073 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.9%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Zip Codes
| 50124 | $294.2K | $322.4K | +9.6% |
| 50035 | $314.6K | $329.9K | +4.9% |
| 50073 | $296.4K | $300K | +1.2% |
| 50161 | $212.7K | $205K | -3.6% |
Housing Supply in 50073, IA
How many homes are available in 50073, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The 50073 real estate market had 15 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 50073 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 75%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50073, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 50073 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 50073, IA
How long does it take to sell a home in 50073, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 2 Days | 63 Days | +3075.0% |
Summary: Homes in 50073 had an average of 63 days on market in Apr 2024, up by 3075% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 50073 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in 50073; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
