Is 50212, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50212 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 50212 was a Buyer's Market.

Key Takeaway

50212 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 50212, IA

How much do homes in 50212, IA cost?

Median Sold Price

$243,000

$187/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$106,500(+78.0%)

Key Takeaway

Homes in 50212 have sold for 78% more than they did a month ago.

Summary: The median home sold price in 50212 was $243,000 in April 2024, up 78% from last month, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$210K
N/A
3 $136.5K-
N/A
4 -$243K
N/A
5+ -$420K
N/A

Summary: 50212 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 50212, IA

How many homes are available in 50212, IA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
139-30.8%

Summary: The 50212 real estate market had 9 homes for sale in April 2024, a 30.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 32
-33.3%
4 53
-40.0%
5+ 11
0.0%

Summary: The 50212 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 decreased by 25%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 50212, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 50212 in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for 50212, IA

How long does it take to sell a home in 50212, IA?

Average Sale Time

Mar 2024Apr 2024CHANGE
45 Days10 Days-77.8%

Summary: Homes in 50212 had an average of 10 days on market in Apr 2024, down by 77.8% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 50212 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 50212; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

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