Is 50226, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 50226 has remained a Buyer's Market.
Housing Prices in 50226, IA
How much do homes in 50226, IA cost?
Median Sold Price
$445,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 50226 was $445,000 in February 2024, up 3.7% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $306.1K | $264K | -13.8% |
3 Bedrooms | $317.5K | $304.5K | -4.1% |
4 Bedrooms | $475K | $480K | +1.1% |
5+ Bedrooms | $550K | $600K | +9.1% |
Summary: 50226 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.8%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 9.1%.
Housing Supply in 50226, IA
How many homes are available in 50226, IA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
48 | 56 | +16.7% |
Summary: The 50226 real estate market had 56 homes for sale in February 2024, a 16.7% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 20 | 25 | +25.0% |
5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The 50226 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 50226 in February 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 50226, IA
How long does it take to sell a home in 50226, IA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
77 Days | 136 Days | +75.3% |
Summary: Homes in 50226 had an average of 136 days on market in Feb 2024, up by 75.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 6 homes were sold in 50226; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.