Is 50250, 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, 50250 was a Buyer's Market.
Key Takeaway
50250 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50250, IA
How much do homes in 50250, IA cost?
Median Sold Price
$262,450
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 50250 have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in 50250 was $262,450 in April 2024, up 9.4% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | $22.6K | -35.4% |
| 2 Bedrooms | $212.9K | $168.5K | -20.9% |
| 3 Bedrooms | $212.5K | $269.9K | +27.0% |
| 4 Bedrooms | $271.2K | $292.9K | +8.0% |
| 5+ Bedrooms | $339.9K | $266.9K | -21.5% |
Summary: 50250 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.4%, 2 bedroom homes decreased by 20.9%, 3 bedroom homes increased by 27%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 21.5%.
Housing Supply in 50250, IA
How many homes are available in 50250, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 13 | -31.6% |
Summary: The 50250 real estate market had 13 homes for sale in April 2024, a 31.6% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 7 | -41.7% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 50250 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 remained the same, 3 bedroom homes decreased by 41.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50250, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 50250 in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 50250, IA
How long does it take to sell a home in 50250, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 1 Day | 37 Days | +3633.3% |
Summary: Homes in 50250 had an average of 37 days on market in Apr 2024, up by 3633.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 50250 has remained consistent over time.
Summary: During April 2024, 3 homes were sold in 50250; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
