Is 50125, 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, 50125 has remained a Seller's Market.
Housing Prices in 50125, IA
How much do homes in 50125, IA cost?
Median Sold Price
$275,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 50125 was $275,000 in March 2024, up 8.1% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $142.5K | +35.7% |
2 Bedrooms | $196K | $185K | -5.6% |
3 Bedrooms | $245K | $262.7K | +7.2% |
4 Bedrooms | $298.5K | $325K | +8.9% |
5+ Bedrooms | $569.9K | $356.3K | -37.5% |
Summary: 50125 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.7%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 37.5%.
Median Sold Price Compared To Nearby Zip Codes
50125 | $254.3K | $275K | +8.1% |
50211 | $296.9K | $313.5K | +5.6% |
Housing Supply in 50125, IA
How many homes are available in 50125, IA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 68 | -8.1% |
Summary: The 50125 real estate market had 68 homes for sale in March 2024, a 8.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 9 | -18.2% |
3 Bedrooms | 28 | 25 | -10.7% |
4 Bedrooms | 26 | 27 | +3.8% |
5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The 50125 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 14 | +27.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 50125 in March 2024, up by 27.3% month-over-month. Of the 14 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% were sold over asking.
Days on Market for 50125, IA
How long does it take to sell a home in 50125, IA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
63 Days | 84 Days | +32.8% |
Summary: Homes in 50125 had an average of 84 days on market in Mar 2024, up by 32.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in 50125; 36% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.