Is 50211, 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, 50211 was a Seller's Market.
Key Takeaway
50211 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 50211, IA
How much do homes in 50211, IA cost?
Median Sold Price
$305,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 50211 have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in 50211 was $305,000 in April 2024, up 2.3% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $188.7K | $205K | +8.6% |
| 3 Bedrooms | $253K | $274.9K | +8.7% |
| 4 Bedrooms | $394.9K | $367.7K | -6.9% |
| 5+ Bedrooms | $510K | $542.3K | +6.3% |
Summary: 50211 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 8.6%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in 50211, IA
How many homes are available in 50211, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 145 | 142 | -2.1% |
Summary: The 50211 real estate market had 142 homes for sale in April 2024, a 2.1% 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 72 | 74 | +2.8% |
| 4 Bedrooms | 56 | 45 | -19.6% |
| 5+ Bedrooms | 10 | 15 | +50.0% |
Summary: The 50211 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 increased by 14.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50211, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 50211 in April 2024, up by 15.8% month-over-month. Of the 22 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.
Days on Market for 50211, IA
How long does it take to sell a home in 50211, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 84 Days | 77 Days | -7.2% |
Summary: Homes in 50211 had an average of 77 days on market in Apr 2024, down by 7.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50211 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 22 homes were sold in 50211; 55% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
