Is 50124, 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, 50124 was a Buyer's Market.
Housing Prices in 50124, IA
How much do homes in 50124, IA cost?
Median Sold Price
$322,450
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 50124 was $322,450 in April 2024, up 9.6% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $182.5K | $220K | +20.5% |
3 Bedrooms | $269.9K | $301.2K | +11.6% |
4 Bedrooms | $396K | $423K | +6.8% |
5+ Bedrooms | $514K | $397.5K | -22.7% |
Summary: 50124 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 20.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 22.7%.
Median Sold Price Compared To Nearby Zip Codes
50244 | $255K | $285K | +11.8% |
50124 | $294.2K | $322.4K | +9.6% |
50010 | $265K | $285K | +7.5% |
Housing Supply in 50124, IA
How many homes are available in 50124, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 24 | -11.1% |
Summary: The 50124 real estate market had 24 homes for sale in April 2024, a 11.1% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 11 | 8 | -27.3% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 50124 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 decreased by 27.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 50124 in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for 50124, IA
How long does it take to sell a home in 50124, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 26 Days | +162.2% |
Summary: Homes in 50124 had an average of 26 days on market in Apr 2024, up by 162.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in 50124; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.