Is 50263, 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, 50263 has remained a Buyer's Market.
Housing Prices in 50263, IA
How much do homes in 50263, IA cost?
Median Sold Price
$379,313
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 50263 was $379,313 in April 2024, up 4% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $200K | $210K | +5.0% |
3 Bedrooms | $317.2K | $312.5K | -1.5% |
4 Bedrooms | $400.5K | $414.9K | +3.6% |
5+ Bedrooms | $523.7K | $585K | +11.7% |
Summary: 50263 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 5%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 11.7%.
Housing Supply in 50263, IA
How many homes are available in 50263, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
420 | 428 | +1.9% |
Summary: The 50263 real estate market had 428 homes for sale in April 2024, a 1.9% 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 | 28 | 28 | 0.0% |
3 Bedrooms | 138 | 141 | +2.2% |
4 Bedrooms | 176 | 175 | -0.6% |
5+ Bedrooms | 78 | 84 | +7.7% |
Summary: The 50263 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 increased by 2.2%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 43 | -37.7% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in 50263 in April 2024, down by 37.7% month-over-month. Of the 43 sold homes, 56% were sold under asking, 23% were sold at asking, and 21% were sold over asking.
Days on Market for 50263, IA
How long does it take to sell a home in 50263, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
96 Days | 72 Days | -24.8% |
Summary: Homes in 50263 had an average of 72 days on market in Apr 2024, down by 24.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 43 homes were sold in 50263; 49% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.