Is 50112, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 50112 was a Seller's Market.
Housing Prices in 50112, IA
How much do homes in 50112, IA cost?
Median Sold Price
$245,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 50112 was $245,000 in April 2024, up 24.4% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $27.3K | - | N/A |
2 Bedrooms | $135K | $164K | +21.5% |
3 Bedrooms | $205.2K | $236K | +15.0% |
4 Bedrooms | $255.5K | $298K | +16.6% |
5+ Bedrooms | $274.7K | $410K | +49.2% |
Summary: 50112 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 increased by 21.5%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 49.2%.
Housing Supply in 50112, IA
How many homes are available in 50112, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 32 | +14.3% |
Summary: The 50112 real estate market had 32 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 11 | 14 | +27.3% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 50112 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 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 50112 in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 50112, IA
How long does it take to sell a home in 50112, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 7 Days | -59.8% |
Summary: Homes in 50112 had an average of 7 days on market in Apr 2024, down by 59.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in 50112; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.