Is 50237, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 50237 has remained a Neutral Market.
Housing Prices in 50237, IA
How much do homes in 50237, IA cost?
Median Sold Price
$420,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 50237 was $420,000 in April 2024, down 4% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $545K | $172K | -68.4% |
3 Bedrooms | $305K | $425.9K | +39.7% |
4 Bedrooms | $516.2K | $537.5K | +4.1% |
5+ Bedrooms | $532.5K | $425K | -20.2% |
Summary: 50237 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 decreased by 68.4%, 3 bedroom homes increased by 39.7%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 20.2%.
Median Sold Price Compared To Nearby Zip Codes
50047 | $267K | $280.5K | +5.1% |
50327 | $300K | $300.3K | 0.1% |
50237 | $437.5K | $420K | -4.0% |
Housing Supply in 50237, IA
How many homes are available in 50237, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 14 | +55.6% |
Summary: The 50237 real estate market had 14 homes for sale in April 2024, a 55.6% increase 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 | 0 | 1 | +100.0% |
3 Bedrooms | 3 | 5 | +66.7% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 50237 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 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 50237 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 50237, IA
How long does it take to sell a home in 50237, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
74 Days | 15 Days | -79.7% |
Summary: Homes in 50237 had an average of 15 days on market in Apr 2024, down by 79.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in 50237; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.